What happens if my Chapter 13 plan is Objected Too?
. This is not uncommon. The Middle District of Florida sets confirmation hearings for chapter 13 plans. They are usually set 30-45 days from the meeting of creditors date. Often times, creditors and the Chapter 13 Trustee in the case will file objections and ask for amendments before a plan can be confirmed. Once a plan is confirmed, creditors (for the most part) are bound by the terms of the plan (including a payments and terms of payments).
At the confirmation hearing, if the plan is not ready to be confirmed, the case will most likely be continued unless there are other issues which merit a dismissal. It is not unusual for a case to be continued multiple times because these plans must be exact to the penny in order to be confirmed. What should the debtor do if this happens? Nothing, if being represented by an attorney.
The attorney should be receiving all correspondence from the court and should make the necessary adjustments based on the objections. The debtor should just keep making the payments according to the plan until he or she receives notification otherwise.
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Greg Gilbert
Keith Maynard