Chapter 13 Plan And Notice Of Time To Object (Cases Filed On Or After 01-01-08) | | Illinois

 Illinois   Federal   USBC Southern 
Chapter 13 Plan And Notice Of Time To Object (Cases Filed On Or After 01-01-08) |  | Illinois

Last updated: 1/10/2008

Chapter 13 Plan And Notice Of Time To Object (Cases Filed On Or After 01-01-08)

Start Your Free Trial $ 19.99
200 Ratings
What you get:
  • Instant access to fillable Microsoft Word or PDF forms.
  • Minimize the risk of using outdated forms and eliminate rejected fillings.
  • Largest forms database in the USA with more than 80,000 federal, state and agency forms.
  • Download, edit, auto-fill multiple forms at once in MS Word using our Forms Workflow Ribbon
  • Trusted by 1,000s of Attorneys and Legal Professionals

Description

United States Bankruptcy Court Southern District of Illinois In re: ) ) ) ) ) Debtor(s) Case No. 9 Original Chapter 13 Plan 9 Amended Plan Number _____ (Changes must be underlined) CHAPTER 13 PLAN AND NOTICE OF TIME TO OBJECT GENERAL ORDER 07-5: The provisions of the Court's General Order 07-5 are incorporated herein by reference and made part of this plan. The Order is available at www.ilsb.uscourts.gov. YOUR RIGHTS WILL BE AFFECTED: You should read these papers carefully and discuss them with your attorney. Anyone who wishes to oppose any provision of this plan set out below must file a timely written objection. This plan may be confirmed without further notice or hearing unless written objection is filed and served within 20 days after the conclusion of the § 341 meeting of creditors. Objections to an amended plan must be filed and served within 20 days after the date of filing of the amended plan. If you have a secured claim, this plan may void or modify your lien if you do not object to the plan. THIS PLAN DOES NOT ALLOW CLAIMS: Creditors must file a timely proof of claim to receive distribution under a confirmed plan and to receive pre-confirmation adequate protection payments. 1. PAYMENTS The Debtor or Debtors (hereinafter "Debtor") submit to the Standing Chapter 13 Trustee all projected disposable income to be received within the applicable commitment period of the plan. The payment schedule is as follows: Start Month # End Month # Monthly Payment Total Total Months: Grand Total Payments: The payment shall be withheld from the debtor's paycheck: G Yes G No Employee's name from whose check the payment is deducted: Employer's name, address, city, state, phone: Debtor is paid: G Monthly G Twice monthly G Weekly G Biweekly G Other G This plan cures any previous arrearage in payments to the Chapter 13 Trustee under any prior plan filed in this case. NOTE: PLAN PAYMENTS TO THE TRUSTEE MUST COMMENCE WITHIN 30 DAYS OF THE FILING OF THE PETITION. THE DEBTOR MUST MAKE DIRECT PAYMENTS TO THE TRUSTEE BY MONEY ORDER OR CASHIER'S CHECK UNTIL THE EMPLOYER DEDUCTION BEGINS. American LegalNet, Inc. www.FormsWorkflow.com ORDER OF DISTRIBUTION The following order of priority shall be utilized by the Trustee with respect to all payments received from the Debtor: 1. Any unpaid portion of the filing fee; 2. Notice fees equal to $.50 per page of the Plan, multiplied by the number of names listed on the Debtor's mailing matrix; 3. The trustee's fees for each disbursement, the percentage of which is fixed by the U.S. Trustee; 4. On-going mortgage payments as set forth in the Debtor's Plan (or as later modified), attorney's fees, and secured creditors (to be paid pro-rata based upon the average monthly payment amount); 5. Priority creditors as set forth in the Debtor's Plan; 6. Any special class of Unsecured Creditors as set forth in the Debtor's Plan ; and 7. General Unsecured Creditors. ATTORNEY FEES Attorney's fees (select one): [ ] Debtor's counsel elects the following fixed fee: [ ] $3,500.00 (consumer case); or [ ] $4,000.00 (business case), of pre-petition. The average monthly payment amount to be received by Debtor's which counsel has received $ (not to exceed $500.00 per month). counsel is $ [ ] Debtor's counsel elects to be paid on an hourly basis and will file a fee application(s) for approval of fees. No fees shall be disbursed until a fee application is approved by the Court; however, the Trustee shall reserve a total of $3,500.00 for payment toward such application, pursuant to the Order of Distribution. 2. PRIORITY CLAIMS Such Claims are as Follows: A) Domestic Support Obligations: 1) None. If none, skip to Other Priority Claims. . 2) Name of Debtor owing Domestic Support Obligation 3) The name(s), address(es) of the holder of ANY domestic support obligation as defined in 11 U.S.C. § 101 (14A) and estimated arrearage: Name 1. 2. 3. Address, City and State Zip Code Est. Arrearage 4) The Debtor is required to pay all post-petition domestic support obligations directly to the holder of the claim and not through the Chapter 13 Plan. B) Domestic Support Obligations assigned to or owed to a governmental unit under 11 U.S.C. §507(a)(1)(B): 1) None. If none, skip to Other Priority Claims. 2) Name of Creditor, estimated arrearage claim and the state agency case number: Creditor Estimated Arrearage Claim $ State Agency Case # American LegalNet, Inc. www.FormsWorkflow.com C) Other Priority Claims: Creditor Basis for Priority Estimated Claim 3. REAL ESTATE - CURING DEFAULTS AND MAINTAINING PAYMENTS: Payments shall be made by the trustee if the plan addresses a pre-petition default. Otherwise, payments may be made directly by the Debtor to the creditor. Where there are arrearages, all post-petition payments are to begin on the first due date after the month in which the petition is filed. All fees and/or charges incurred by the creditor prior to the date of the entry of discharge, which are assessed against the debtor either before or after discharge, must be approved by the Court. All payments received from the trustee must be credited by the creditor as the trustee directs. See Amended General Order 07-5. A) Payment of arrearages are as follows: Creditor Description of Collateral Est. Arrearage Int. Rate (If Any) Avg. Monthly Pmt. B) Payment of on-going mortgage payments made by the Trustee are as follows: Creditor Account # Payment Address Monthly Mortgage Pmt. Date 1st Pmt Due C) Payment of on-going mortgage payments made directly by the Debtor are as follows: Creditor Account # Payment Address Monthly Mortgage Pmt. Date 1st Pmt. Due D) Secured Property Tax Claims shall be paid as follows: 9 By Debtor Directly 9 Pro-rata with secured claims by the trustee Creditor Parcel # Claim Amount Interest Rate Avg. Monthly Pmt. 4. SECURED CLAIMS AND VALUATION OF COLLATERAL UNDER 11 U.S.C. § 506 A) Secured Claims to which §506 Valuation is NOT Applicable: Claims listed in this subsection are debts secured by a purchase money security interest in a personal motor vehicle, incurred within 910 days preceding the date of the filing of the bankruptcy OR debts secured by a purchase money security interest in "any other thing of value," incurred within one year preceding the date of the filing of the bankruptcy. These claims will be paid in full with interest as provided below and in average monthly payments as specified below. Creditor Collateral Claim Amount Interest Rate Avg. Monthly Pmt. American Legal

Related forms

Our Products