Sacramento California Order Confirming Chapter 13 Plan - B 230B

Name: Sacramento California Order Confirming Chapter 13 Plan - B 230B
Brand: US Legal Forms
Rating: 4.73 (486 reviews)

Category:

Bankruptcy - Plans

State:

Multi-State

County:

Sacramento

Control #:

US-B-230B

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Description

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.

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How to fill out Sacramento California Order Confirming Chapter 13 Plan - B 230B?

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FAQ

§ 1329 allows modification of the plan any time after confirmation but prior to completion of all payments under the confirmed plan. It also sets out how the plan may be modified to change the payments to creditors or to a particular class of creditors, or to extend or reduce the payment period.

If the Court Confirms Your Plan at the Hearing After confirmation, the trustee will begin paying the creditors listed in your Chapter 13 plan from the monthly payments you send in. It is crucial to the success of your case that you make timely and regular payments to the trustee.

Chapter 13 Plan Modification: Timing You can modify your plan both before and after confirmation. Modification before confirmation. Depending on the case or the court, it can take anywhere from two months to over a year before the court confirms your case.

A Chapter 13 confirmation hearing determines whether the bankruptcy judge approves your Chapter 13 Plan. At the hearing, the bankruptcy judge will determine if your plan meets the requirements of Chapter 13. Confirmation is a big step in the Chapter 13 process.

Generally, a bankruptcy cannot be modified after it is filed. However, since Chapter 13 Bankruptcy is a repayment plan over 3-to-5 years, it is possible your circumstances may change since your bankruptcy was filed.

Time: Varies, but approximately 60-70 days after filing if no objection. If no objection to the original Chapter 13 plan is filed, the plan is usually confirmed within 30 days after the first meeting of creditors. If an objection is filed, the time for confirmation varies wildly.

An objection to the confirmation of a chapter 13 plan shall be made by motion setting forth the facts and legal arguments that give rise to the objection in sufficient detail to allow the debtor to file a reply or an amended plan that addresses the objection. (3) Trustee's Objection in Minutes of Meeting of Creditors.

In a recent case, the chapter 13 plan was amended over six times. Each time a plan is amended, notice gets sent to all the creditors, the trustee, and the debtor. Each time a plan is amended, the trustee must examine and review the plan for confirmation and feasibility.

Once your Chapter 13 proceeding closes, and you've finished your repayment plan, you'll get a discharge order that clears the remaining balance of qualifying debt. This debt includes most kinds of non-priority unsecured debts, including credit cards, medical bills, personal loans not secured by collateral, and more.

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Sacramento California Order Confirming Chapter 13 Plan - B 230B

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How to fill out Sacramento California Order Confirming Chapter 13 Plan - B 230B?

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Can you amend a Chapter 13 plan after confirmation?

What happens after a Chapter 13 plan is confirmed?

Can a Chapter 13 plan be modified?

What does it mean when a Chapter 13 plan is confirmed?

Can you restructure a Chapter 13?

What does it mean when your Chapter 13 is confirmed?

How long does it take to get a Chapter 13 plan confirmed?

How does a creditor object to confirmation of a Chapter 13 plan?

What is an amended Chapter 13 plan?

What happens when Chapter 13 is completed?

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Why is an order confirming the Chapter 13 plan necessary?

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