From 10% To 100%

[FDNYLadder124]

If anyone can give me any info or input to my query,
I've been in a 5 year 13 for a year now, with 10% going to unsecured.
Ever since I registered with NDC, it has always shown that I'm paying 10% to the unsecured, and it also showed the claim amout and the secheduled amount a credit card co. was going to get, Example, CITIBANK, I owed $22,183.00, and at 10% it showed the amount they were scheduled to get was 2,183. My plan was confirmed last year, Everything is rolling along quite smoothly, and in January I got notified by the trustee that no creditor objected, and I got a list of all the creditors, what I owed them, what they claimed I owed them, and what they were gonna get at 10%. It also said that money would also start being disbursed to creditors soon.
Now, I checked NDC for the first time in months, and all of a sudden it shows all the creditors payback at 100%, and it shows the acutal amount I owe them from the beginning, not the 10% it originally showed.
Is this just a normal thing, meaning that for the first 36 months a payoff would be 100%, and after that they get 10%? Or is my chapter 13 repayment plan crashing down upon me for some reason of which I have nothing to do with?
Does everyone's say this, or should I just do what my wife says, stop worrying about what NDC says and count the months down?
Sorry so long!
Jay
Tonka Truck

[13inOR]

Hmmmm-that is odd, and since I have only actually looked at my own, its hard to say what the norm is though. I know my creditor listing showed a nonsecured and a secured amount but I was also paying 100% from the beginning. YOu cant always go by what ndc says though, because it has said all along I am in a 36 month plan when I was only ever in a 29 month plan.
I wouldnt worry too much about it, but you could send your trustee an email or give him a call for an explanation. If your attorney is accesible, they might be able to give an answer as well.

[LostOne0069]

I'd contact the trustee and find out... but if your payments haven't changed then I don't see how your % could have changed... they don't extend ch 13 payments to 50 years.

[Minnymouth]

If you used an attorney, time to call him. Otherwise, give the Trustee a courtsey call and ask him......

[FDNYLadder124]

Well, Apparently,
The trustee has listed on NDC all the proofs of claims that my unsecured creditors have filed, and when my secured creditors (2 vehicles) are paid off, then the unsecured creditors may actually get 10, 11, 12, 13 or maybe even 15% of what's left over. Since a few creditors didn't file claims, she's not gonna pay them, so the rest may get a bit more than 10%.........in a few years. Gee, Citibank may get 11 or 12% of 22 grand..
Thanks!
TONKATRUCK

[aa06a47]

Outstanding, I am wondering if AMEX will file a claim. In my experien report, it shows CO, included in chaper 7, 11, or 12. It doesn't say anything about Chapter 13. Discover shows CO (Charge off) Chapter 13.

[Minnymouth]

You need to have your Experian report corrected.....
You are in a Chapter 13, not the others...

You do need the correct Chapter you filed under listed on your credit reports.......

Minny

[aa06a47]

Yes, I will do that, but after I'm in a confirmed plan. If they screwed up before the confirmation of the plan and simply chose to "charge off", then to me that probably means they have no intention of objecting to the plan. It may not make a difference, I don't really know. I will lay low for right now though.