100% repayment prior to 36-months

[p123am]

Hi, I'm new to the forum, not so new to Ch. 13. I'm about 21 months in on my Ch. 13 repayment plan. The plan calls for 100% repayment to secured and unsecured creditors, but no interest. The plan calls for 42 months of payments. However, one unsecured creditor didn't file a claim (about $16,000). Also, I was required to turn over tax returns, and I've paid about $7,000 that way. So, when looking over my statement from the Trustee at 12 months, and figuring out what I'm paying monthly, I'll have paid 100% by the 31st month of my plan. Can they keep taking my payments and use them to pay interest to my creditors (since it wasn't in the plan originally)? Attorneys' fees were already paid. I was starting to get a little hopeful, but in looking over this forum, it seems they may keep taking my money until at least the 36-month mark. Any ideas?

Thanks in advance for the advice

p123am

[CATCHMEIFYOUCAN]

definitely call your trustee on this .. you dont want to give them extra money if you dont have too ! ! !

catchmeifyoucan

[aa06a47]

The worst thing that will happen is you pay 36 months and then get a refund check from the trustee. The company that didn't file a claim is out in the cold and won't get paid anything. I have heard that the trustee can add interest, but that is done at the time the plan is confirmed. In your case, since you have a confirmed plan, you don't need to worry.

You should definatly contact the trustee though when you have paid 100% of the claims. It might get you out of paying the other 5 months of the plan. Good luck.

[p123am]

Thanks so much for the advice. I will contact the trustee when I've paid 100%.