Haven't been on here in a while, as we've been busy staying under the radar. Basically, our 60-month plan was supposed to end in February of this year, but we received a notice from the trustee last December indicating that our plan would be about $13k short. Apparently, the unsecured claims came in higher than expected, so the payback percentage was going to be lower than what was prescribed in plan. The attorney, curiously, gave us 3 options: Make 4 more monthly payments through June, pay it in a lump sum, or amend the plan. I wasn't even aware that adding more payments was possible, but my attorney explained that the trustee would simply continue banking the payments, before making a final dispersement after all the money was received.
Anyway, we opted to amend the plan. My attorney then instructed me to make the December and January payments, but to wait on February pending the hearing for the amended plan. Unfortunately, it took until March for my attorney to file the amended plan, and the hearing didn't take place until May. We then had to wait until the trustee said "okay" to make the final payment, which took an extra 3 weeks. The payment was made 3 weeks ago, and we just now received the 1328 certifications, which we returned immediately. According to my attorney, he just completed a 13 case in which the client got the 1328 certs in mid-March, with the objection hearing (if necessary) scheduled for early July. Based on what he said, it takes about 8 weeks from receipt of the 1328 docs and the filing of the Notice of Intent to Discharge, which means another 45 days or so after that be discharged.
So for us, we're probably looking at October before this is all over, assuming no one objects.
It's frustrating that it takes so long, but I understand how overloaded the system is. Right now, our main focus is on nursing our cars (253,000 miles on one, 162,000 on the other, both American!) for a few more months before we can replace them.
Now we just pray that there are no objections!
Anyway, we opted to amend the plan. My attorney then instructed me to make the December and January payments, but to wait on February pending the hearing for the amended plan. Unfortunately, it took until March for my attorney to file the amended plan, and the hearing didn't take place until May. We then had to wait until the trustee said "okay" to make the final payment, which took an extra 3 weeks. The payment was made 3 weeks ago, and we just now received the 1328 certifications, which we returned immediately. According to my attorney, he just completed a 13 case in which the client got the 1328 certs in mid-March, with the objection hearing (if necessary) scheduled for early July. Based on what he said, it takes about 8 weeks from receipt of the 1328 docs and the filing of the Notice of Intent to Discharge, which means another 45 days or so after that be discharged.
So for us, we're probably looking at October before this is all over, assuming no one objects.
It's frustrating that it takes so long, but I understand how overloaded the system is. Right now, our main focus is on nursing our cars (253,000 miles on one, 162,000 on the other, both American!) for a few more months before we can replace them.
Now we just pray that there are no objections!
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