Authorization for Electronic Funds Transfer

Creditors may receive their monthly disbursements via an electronic funds transfer (EFT) instead of a check through the mail. Chapter 13 attorneys may also take advantage of EFT for receiving their allowed attorney fees. To sign up for electronic disbursements, click on the Electronic Funds Transfer button located on the home page of this website.

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Posted by General in General

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Change in the interest rate paid on secured personal property claims provided for in the Chapter 13 Plan

March 21, 2017 by General

Paragraph 4(D) of the uniform Chapter 13 Plan provides that the interest rate shall be the U.S. prime rate plus a risk factor of 2.0%.  For cases confirmed on or after March 16, 2017, the interest rate paid on secured personal property claims provided for in the Chapter 13 Plan is 6.00%.

2016 Federal Income Tax Return and Tax Refund

February 02, 2017 by General

Debtors filing Chapter 13 bankruptcy may be required to provide their 2016 federal income tax return to the Chapter 13 Trustee’s office and turnover all or a portion of their federal income tax refund.  Debtors may want to review the terms of the Confirmation Order signed by the Bankruptcy Judge and/or contact their attorney to discuss the requirements.

Trustee Percentage

September 28, 2016 by General

Effective October 1, 2016, the Trustee fee is 5.5%.

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