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ON WHAT GROUNDS CAN A CREDITOR FILE AN OBJECTION?

Creditor file grounds objection
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ON WHAT GROUNDS CAN A CREDITOR FILE AN OBJECTION?

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There are several grounds on which the Creditor may file an Objection to your Confirmation. For example, one of the most common complaints from a creditor is that your plan lists his debt as being a too small amount or that you are proposing to pay him out in your plan over too long a period of time. Or, a creditor may claim that, based on your income, you can actually pay a higher percentage to your unsecured creditors than proposed in your plan and, therefore, the Trustee payment should be increased. These are merely typical examples of creditor objections. The details of the particular objection to your case will be discussed with you by our office prior to the confirmation hearing (if any objections are filed). O.

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