Did all your unsecured creditors file proof of claim?

[tic1975]

If not, does your payment decrease or does the length of the plan decrease?

[switch625]

One creditor, Chase, held about half of my unsecured debt and did not file any POCs. BOA only filed a POC on a overdraft LOC and not a credit card I had or a unsecured personal loan. I'm in a 60 month plan and that did not change, nor did my plan payment amount.

[justbroke]

If not, does your payment decrease or does the length of the plan decrease?

Your payment would not decrease unless it would cause you to be in a 100% plan AND you or your attorney file a motion to modify confirmed plan to account for this issue. (Of course, it will be based on your DMI and whether your DMI multiplied by your commitment period (36-60 months) yields a higher result than what is your minimum due to the unsecured creditors.)

In almost every case, at least one creditor fails to file a claim. It's entirely possible that your largest creditor somehow falls asleep and does not file a claim. In my case, I think I had 3 that didn't file and it was a significant amount (> $20K).

[dmc-2008]

[sophieanne]

Hi..I'm in a 100% plan. Chase did not file a claim for around 20,000 and according to the trustee's websie, provided I'm in the 100% plan to the end, reduced my plan by 4.5 months.

[dmc-2008]

Sophieanne, NICE!!!!

[jange]

yes all of mine did.

[Sammie]

They did but the Trustee did not include them in our plan. They were dismissed and our 3 yr. plan was reduced by 10 mos. Discharged and finished Nov. 2014 when we didn't expect it to end until Aug. 2015.

Congratulations Sophieanne! sammie

[switch625]

In my case, I don't think I will end early. Trustee is halfway done with paying my secured debt, then he will pay the unsecureds. In spite of 1/2 my unsecured debt not being POC'd, a 100% payback would be more than my current base.

[ChescoChris]

All except the $200 remainder of a 6-month same as cash purchase at a web store. Bank of America filed the same claim 3 different times because they couldn't figure out which lawyer team was handling the real estate claim, lol!!

Mine may end a month or two early because the amount doesn't matter, the payment is based on disposable income. I am in 100% plan though..

[jkmommy]

We had several not file POC's. We were not in 100% so it made no difference in ours.

[tic1975]

We are more than likely going to be in a 100% plan.

[IZBROKE]

I'm not sure if we are a 100% plan and not sure what that is. Is that when you pay all the creditors 100% back?
We don't pay very much a month to the trustee.
Also can I look on NDC web site under claim summary to find out who filed claims and who have not?
IZ