Scheduled amount vs Claims amount question

[snugharbor]

I filed Chapter 13 in May of 2005 and listed 100% of all money I owe and that amount is shown under scheduled amounts owed on the 13datacenter website. However, in a separate column is the claim amount and the amount is different on some of the accounts. Some creditors show the same amount in both columns, two show a less amount and there are several which show zero amount, under the claim amount. The creditors showing a zero amount under claim amount also show a zero under principal owed. I am so confused. Will they be paid or not and if not, will I still owe that bill?

I started out with a base plan of $65,000.00. I have paid in over $56,000.00 to the plan already.

Now comes the question, and seeing how I have been trying to talk to my lawyer for a couple of months without a return call, I thought I would asked the folks on this forum. His assistant is a very nice lady, but just can't answer my questions.

When will this BK be paid in full? I am so confused. If you add up what is showing under the base plan I still owe until the plan was to be paid in full, 60 months. If you add up the amount under the claims column, I have already over paid by more than $5,000.00. However, if you add up the principal owed, I will have it paid off two months before I am scheduled to be paid off. If I have or will over pay, will I receive a refund?

I have never missed a payment, but I have exercised two out my three can miss a payment options. Using the last one a year and a half ago. Do these missed payments go to the rear or are they just forgiven? I have also paid a little extra when I had the money.
Also, last month I received a notice saying I was being kicked out of the plan for non-payment. I had my bank statements showing I have never missed a payment and the bank faxed the lawyer's office a copy of the canceled check. This is the reason I have been looking at the plan under the 13 data site. I am going to keep a close eye on it now to make sure they post all payments. Just wanted to give a few of you out there a heads up about what happened to me.

Any answers to help me understand how much I owe will be deeply appreciated.

[joek]

13datacenter had me confused also, i am also close to completing the plan. In addition i will also be paid out early. Pacer helped me out alot, 1)understanding what will be paid 2)what claims were allowed. Best of all, Pacer shows the order confirming the plan, the plan is who and what will be paid. If you havent used pacer before i will tell you in advance, you are charged $.08 cent per page/document that you view. In all, i went to my attorneys office and got the questions answered. My claims were modified is the reason my plan will be paid out earlier than my 60 months. If you cant ask your lawyer, look at pacer.

[snugharbor]

Thank-you for the information.
I had one question answered when I looked more closely at the info on the 13data site. I wasn't taking interest paid and Trustee fees into account. I should still be paid off early though.

[rrockinggramma]

The amount in the "scheduled" column is the amount you stated on your petition. The amount in the other column is whether or not a claim was filed. If it is zero than that creditor DID NOT file a claim and will be discharged at the end of your plan, getting nothing.

Now don't get too excited. What happens is that you plan will run the FULL 60 months. And you WILL pay in the full amount. THe creditors that DID file claims will just get paid more (up to 100 percent, can't pay any more than that of course)
My plan was written for 10 percent. After the claims came in it ended up being about 85 percent. I just paid out more to those creditors that did file a claim.

Any missed payments will have to paid in full to receive the discharge.

[joek]

my plan, "So ordered" on August 2006, by the judge states "0.00% will be paid to unclassified unsecured creditors". What is the "other column" stated above that shows creditors that didnt file a claim?

[joek]

is the column stated above, the "principle owed column".

[rrockinggramma]

principal owed is how much you have left to be paid to that creditor. It should also state a percentage which is letting you know how close you are to fulfilling your plan. But like I said, when mine reached the stated percentage the trustee just raised it to make it go the full time as specified by the plan.