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
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overpayment on truck loan in plan
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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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