Oh well

[wayne-o]

i had the same thing happen rrockin my 20% plan turned into 44% due to one creditor not filing claim and extra payments goin to the trustee. I just finished and try not to complain tho.. I did owe the money and there was still the other 56% i didnt have to pay

[rrockinggramma]

ohhh I am not complaining. I was just having a pity party there for about 5 minutes. LOL Like I said, I am in such a far better place than before. As one nears the end though I think that it is a little tougher cause you know you are in the home stretch, can see the light at the end of the tunnel, but just not there yet. LOLOL But like I said, oh well. Each month is one month closer.

[Skouris]

You know what doesn't seem fair to me, though? When you have something go up, like your mortgage payment, they don't reduce the percentage that you have to pay your unsecured creditors. At least they didn't for me. They increased the plan term. Why does it work one way when you have less to pay and a different way when you have more??

[CindyLou]

a chapter 13 is based on paying all of your disposable income for a set period of time. The percentage paid to your creditors is independant of that number. The percentage goes up or down depending on how many file claims. Unless your amount of disposable income changes, your payments do not change.

[aa06a47]

My % payback on 13datacenter was actually set after the time for claimes to be filed. This could vary trustee to trustee. (Note, my % payback was different than the % payback proposed, I figure mainly because Citi didn't file on about 40-50K in debt). The % payback should increase though as I had to pay them about 1500 in income tax return and they obtained 1700 back from Citi for a "preferential" payment. (Citi sucks...didn't file a claim and actually had to send money back to pay other creditors!!LOL!!!)

[minime]

Okay, I have asked similar questions before but I want to make sure I understand. We filed for 40 months at 100% payback. Well, co-signor paid a line of credit off (ok'd by trustee). That took off 4 months of payments. So now we are down to 36 months (actually 34 if you don't include the 2 we just made). If all creditors do not file claims than can we be out of bankruptcy in less than 36 months? Or will the trustee still show us in bankruptcy until the 36 months is up?

I was 100% to unsecured, half of the creditors didn't file. After I finished paying the creditors that did and the trustee I received my order to stop paying. Haven't been discharged yet but I did receive my refund of the balance on hand last wednesday. $3500 It feels so good to get a full paycheck. I feel like I got a $374 a week raise. Hang in there you are almost there. I finished 8 months early.