Trustee Craig Shopneck to retire September 30, 2017

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.

Posted by General in General

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New Prime Rate effect June 14, 2018

By General
June 25, 2018 Category: Prime Rate

Effective June 14, 2018, the new Prime Rate is 5.0%, which means the presumptive rate per Administrative Order 17-02 is now 7.0%. For cases that are confirmed on or after June 14, 2018 and reference Administrative Order 17-02 for personal property secured claims, the rate to use is increased from 6.75% to 7.0%.

Trustee Percentage

By Kelly Barton
June 20, 2018 Category: General

As of October 1, 2017, the Trustee administrative fee is 5.2%.

National Form Plan to be used in Cleveland beginning December 1, 2017

By General
December 22, 2017 Category: General

The new national form plan will be mandatory in all cases filed on or after December 1, 2017. Relative thereto, new Administrative Orders were posted by the Bankruptcy Court on October 31, 2017 and may be accessed at www.ohnb.uscourts.gov/judges-info/administrative-orders. A form confirmation order is expected to be posted in the near future. General Order No. 17-1, has also been posted by the Bankruptcy Court relative to service of Chapter 13 Plans as of December 1, 2017.

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