New Administrative Order relating to administration of conduit mortgage payments in Chapter 13 cases

The Bankruptcy Judges for the Northern District of Ohio, Eastern Division (Cleveland) entered the "Third Amended Administrative Order No. 09-02," which changes the administration of conduit mortgages in Chapter 13 cases. The new Order eliminates the need for debtors to submit an Authorization to Release Information to the Trustee. Creditors will no longer need to submit the Addendum to Chapter 13 Proof of Claim and the 12-month summary of activity on the loan. A copy of the "Third Amended Administrative Order No. 09-02" is available in the Library section of this website. Click on Conduit Mortgage Payments. Additionally, a link to the Bankruptcy Court's website can be found under the Links section.

/ Print
Posted by General in Conduit Mortgage Payments

Most Recent

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

August 02, 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 June 15, 2017, the interest rate paid on secured personal property claims provided for in the Chapter 13 Plan is 6.25%.

Trustee Craig Shopneck to retire September 30, 2017

August 01, 2017 by General

Chapter 13 Trustee, Craig Shopneck will be retiring on September 30, 2017.  The United States Trustee has named Lauren Helbling as Successor Trustee.  Formal notice of this change will be mailed to debtors, creditors and attorneys prior to September 30th.

Employer Payroll Address List for use in Wage Order preparation

June 02, 2017 by General

The Trustee's office has compiled a list of the payroll department addresses for various large employers in this area. Large employers with a regional or national presence commonly handle wage orders at a single processing location within the company. Please reference the payroll address list by clicking here or by going to the Library tab, then clicking on the Plan Payments section of this website to ensure you are using the correct payroll address. 

General (11)
© , Chapter 13 Cleveland, All Rights Reserved. Powered by Virteom.