This form is an order confirming a chapter 13 plan. The plan is confirmed with certain provisions encompassing payment amount, due date of payment, and period of payments.
Alabama Order Confirming Chapter 13 Plan - B 230B
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How to fill out Order Confirming Chapter 13 Plan - B 230B?
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Any Chapter 13 debtor who receives an objection to confirmation should first take a deep breath and relax. Then, they should pick up the phone and call their bankruptcy attorney and ask for an explanation of the objections. In the vast majority of cases, the objections can easily be fixed.
One key difference between Chapter 13 and Chapter 7 bankruptcy is that Chapter 7 allows people to completely eliminate their unsecured debt after a specific period. In contrast, Chapter 13 allows people to reorganize their debts while paying back some portion of what they owe.
If you file Chapter 7 and get rid of your debts, you cannot file again for at least eight years. That is why you want to be sure you are ready for a fresh start. If you have on-going medical bills and no insurance, etc., bankruptcy might not be best for you.
You can convert your Chapter 13 case to a Chapter 7 case by filing a motion to convert in Bankruptcy Court, but you must first qualify for Chapter 7. You will qualify if you earn less than your state's median income for a family of the same size as yours.
Case Closure at Trustee's Office After receiving all required payments under the plan (including any tax refunds owed) and completing an audit to determine that all amounts owed were received, the Chapter 13 Trustee will file a Certificate of Final Payment with the Bankruptcy Court.