Thursday, February 11, 2010

When and how do I make Chapter 13 Plan Payments?

The first Chapter 13 Plan payment is due on or before the Section 341 Creditors Meeting and every month thereafter for 36 or 60 months depending on your plan. Most debtors just bring the first payment to the 341 meeting. The payments are made payable to your Trustee, who will provide you with directions at the 341 meeting on where to send your further payments. Plan payments must be made by bank check and not personal check.

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