When exactly does it end

[kev7554]

Filed on 3/19/08 and was confirmed 6/12/08. and this is what it says in my paperwork:


The debtor(s) shall pay to the Trustee all projected disposable income in the amount of $ _972.00______ each month for approximately ___36_____ months, but not to exceed five (5) years.

So am I to assume that it will end 36 months from the date filed or confirmed? Also will it automatically stop or will I have to push for it. And my main question who decides if it goes past 36 months?

[AngelinaCat]

Hi Kev:

You are pretty much correct in your assumptions. As long as your plan is confirmed, and you can make the monthly payments, you should be well on your way. Now, things happen along the way that will upset your applecart, such as a loss of job, reduced hours, or some other emergency. When these happen, you MUST inform your attorney so that modifications can be made when necessary. But these problems are not insurmountable.

When lrprn or Flamingo sign in, listen to their advice. They have or are dealing well with Ch13 bks.

Good luck to you.

[kev7554]

thanks for the reply but does it end on the date confirmed or filed? Also can the trustee at the last minute say nope you have to go another year. Thanks again

[lrprn]

does it end on the date confirmed or filed?

Not sure what you are asking. Do you mean when will your 13 end (be discharged)?

Also can the trustee at the last minute say nope you have to go another year. Thanks again

Your trustee has left the door open to extending your plan if significant increases in your income or reduction of expenses happen during the life of your plan. If you don't have significant changes, then your plan will continue as currently confirmed.

[car67]

Very Clever

Yes you can pay for 36 months but like the previous opp posted
If you get a better job or a splash of cash your on the hook still for
a 60 month window even though your scheduled for 36 payments.

[kev7554]

Yes I mean when will I be discharged. 36 months after being confirmed or 36 months after first payment was made.

[lrprn]

Yes I mean when will I be discharged. 36 months after being confirmed or 36 months after first payment was made.

Your plan will be discharged once you've made the number of payments confirmed in your plan. If you pay your trustee once a month, your plan is 36 months long, and is not amended after filing, then as soon as 36 payments have been made, you will be eligible to be discharged.

It's not the date your plan starts or the date when your plan is confirmed, it's the number of payments that matter.