Confirmation Hearing?

[RLOPE]

Hi All,

My wife and I had our 341 meeting yesterday and it went pretty smooth. The next step is the confirmation hearing... what is that? Is there a risk to our proposed plan?

[Mayo]

The only creditor I had show at the confirmation was the car loan lender and they wanted to see that I still had proof of insurance.

[shark66]

You'll be notified if there are any objections to your upcoming confirmation, and you can take it from there.

Good luck to us all.

[mountanddo]

The trustee told me specifically not to show up at the confirmation. Is that typical?

[shark66]

The trustee told me specifically not to show up at the confirmation. Is that typical?

If you have an attorney, then the Trustee's comment is understandable.

Good luck to us all.

[lrprn]

The trustee told me specifically not to show up at the confirmation. Is that typical?

Yes. If there is some reason you need to appear, your lawyer will let you know.

Becuase we knew we would not be confirmed because of unresolved objections, we asked our lawyer if we could attend anyway just to see how things progressed and he agreed. It was interesting sitting there in the bk judge's open court chamber for several hours watching all the bk cases fly by with only a few moments of attention to each as confirmation after confirmation was announced. The very few unconfirmed cases (including ours) took 5-10 minutes each but in the end each of those cases were announced as unconfirmed and assigned a follow-up court date with the judge if the objections to confirmation could not be resolved before then.

Frankly the whole confirmation hearing (at least in our local bk court) was mostly a lot of friendly chit-chat between the bk lawyers, trustees, and court folks who all know each other very well. There was absolutely no reason for any filers to be there, including ourselves. The lawyers and judge handled everything. They knew well in advance who would be confirmed and who would not. The hearing seemed to be nothing more than a legal formality.

[lillymarlene]

Sometimes confirmation of a plan can be held up for a simple reason.

My 341 was in December 2010. From reading this forum, I knew I most likely didn't attend that meeting, but the months kept passing with no notice of confirmation. Then sometime in May, I received the trustee's semi-annual report, which said that I was in default of the payments. In a panic I contacted my attorney, and he explained that technically I was in default. I'm slightly hard of hearing, and at the end of my 341, the trustee had said to mail another payment in within a week. ( I thought it was "month.") So, of course I immediately sent another payment and received my Confirmation Order in about 10 days.

RLOPE, if you don't receive your confirmation or any communication in about 4 weeks time, you might want to call your attorney.