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overpayment on truck loan in plan

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    overpayment on truck loan in plan

    I filed a year ago and my truck was included in the plan. The truck recently just got paid off and the bank sent me a refund check for an overpayment. What should I do with it? Should I just keep it and cash it? I could really use the extra money but I do not want to mess up my 13 since I'm down to 4 years to go. Thanks
    Filed September 15 2009
    Confirmed December 15 2009 :yahoo
    Discharged! 1/31/12 New beginning has begun!

    #2
    Contact your attorney. More than likely since the payment was in your plan the trustee will want it back to distribute to unsecured creditors.
    Filed Chapter 13 02/2006 - Confirmed 05/2006 - Discharged 09/2011
    I'm not an attorney. My replies are merely suggestions or observations, not legal advice. As always, consult with an attorney before making any decisions.

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