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Trustee taking less piece of the pie...

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    Trustee taking less piece of the pie...

    Has anyone else noticed the trustees are taking less of the pie? Not that it matters in my case but it orignally was 5.5%. Then for a month or so it was 3%. Now, last couple months, it is 2%. More is just going to our priority debt..I am in California so I would assume they would get closer to the max 10%.
    Filed CH13/5yr 7/29/10
    341 10/7/10
    Confirmed 11/7/10

    #2
    When I started my plan, they were getting 9.5%, now they are getting practically nothing. In fact, for a while there it was less than 1%! I'm in CA too.
    Filed Chapter 13 on 2-28-10. 341 completed 4/14/10. Confirmed 5/14/10. Lien strip granted 2/2/11
    0% payback to unsecured creditors, 56 payments down, 4 to go....

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      #3
      There is a maximum amount they can make per year by law. I believe there are multiple variables to this, however, that is why you see the percentage change and districts charge different amounts.
      Filed CH13 - 06/2009
      Confirmed - 01/2010

      Comment

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