Chapter 13 requires a monthly trustee payment. What happens if I miss a trustee payment?
The trustee is responsible to ensure that the debtor is making timely trustee payments. Generally, if you fall behind with your payments, the trustee will file papers with the court, requesting to dismiss (through out) your case. Different trustees may permit a larger default before the filing of the petition to dismiss. In other words, one trustee may wait 2 months to file the petition, while another trustee may wait until an individual is 4 months in arrears. Generally, the trustee will permit the individual to avoid the dismissal by paying off the arrears with a lump sum and the balance paid over a reasonable time period.
Related Questions
- If I file for Chapter 13 will I have any money left over each month after I make my payment to the trustee? What about money for emergencies such as unexpected medical expenses or car repairs?
- If I miss a scheduled payment under my Chapter 13 repayment plan, can a creditor begin collection activities?
- Chapter 13 requires a monthly trustee payment. What happens if I miss a trustee payment?
