Home Stretch - Question regarding finish

[scht65]

Light at the end of the tunnel - originally filed 11/7/2007, my five years will be up in a couple of months. what I was wondering is will my plan be completed in November as that will be 60-months since I filed or will it end on my 60th payment which looks like early January from the posting date in NDC (currently I have made 52 monthly payments). I know is not a whole lot of a difference but I am getting ready for this to be over. I am planning on talking to my attorney in early September to inquire about ending the automatic payroll deduction.

[kornellred]

A Chapter 13 Plan begins with the first payment in all states except one (I think it's Michigan, but not 100 % sure), where the plan confirmation month marks the beginning of the plan duration. I don't understand how November could be your 60-month anniversary from filing and January be your 60th payment month, unless you were not required to make a payment prior to confirmation.
Make sure you take the pre-discharge financial management course from an approved agency and get the certificate filed. It is a two-hour course that you take on-line. You cannot finish early - the timer will not allow it. Definitely talk to your attorney about getting the payroll deduction stopped - lots of debtors have trouble with this aspect for some reason.
When you have finished with your plan payments, the trustee will initiate an audit of your case, and if there are no objections from your creditors, you will receive your discharge about three months after your payments ceased.

[scht65]

My petition was filed on 11/09/07 and my first payment was posted to the ledger on 01/14/08 - my case was not confirmed until 8/4/2008. My BK is in the Northern District of Ohio.

[kornellred]

I was not aware that Chapter 13 plan payments did not necessarily have to start immediately after filing. Geez - now you got me thinking about my own plan completion month. I am in a 54 month plan, and made my first payment in March 2008, right after filing. I should only have 2 payments left (August and September). Maybe I jumped the gun and my 54 months actually began in April 2008.