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Once the meeting of creditors, the debtor, the chapter 13 trustee, and those creditors who prefer to attend will arrive at court for your hearing on the debtor's chapter 13 repayment approach.
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In between 20 and fifty times once the debtor files the chapter thirteen petition, the chapter 13 trustee will keep a gathering of creditors. When the U.S. trustee or bankruptcy administrator schedules the Assembly at a spot that doesn't have standard U.S. trustee or bankruptcy administrator staffing, the meeting could be held not more than sixty days once the debtor data files. Fed. R. Bankr. P. 2003(a). For the duration of this meeting, the trustee sites the debtor beneath oath, and both equally the trustee and creditors could ask issues. The debtor have to show up at the meeting and remedy queries relating to his or her fiscal affairs and also the proposed phrases from the approach.
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Also, dependant upon your jurisdiction, the trustee will ship you periodic statements demonstrating creditor payments. You may be able to obtain the knowledge within the trustee's Web site. Make contact with the trustee for Guidance.
Virginia Attorney with 19 yrs of working experience A previous Virginia prosecutor who knows the point out’s methods—and how to struggle them.
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