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Payment plan a hold to discharge?

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    Payment plan a hold to discharge?

    We are so close to being done with our Chapter 7. Our 341 was on 1-25-08. We have a $3,100 amount to pay the trustee. She has agreed to divide it into 12 montly payments. That is fine but will we be able to be done and discharged or must we wait until the end of the payment time of 12 months to be discharged? Thanks for any replies.

    #2
    I hope you get discharged first! I'm not sure.

    If you don't mind my asking. Why do you owe the trustee $3100?

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      #3
      Thanks for the quick reply. We had a large tax refund due to a business loss. The trustee took that $8,600. We also miscalculated the amt. in our checkimg acct. We used the misclaculated amt. about $3,000 to live on the last few months. It was in the bank on the filing date so we have to pay it back.
      They pretty well took it all in our Chapter 7. ):

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        #4
        You should be discharged as normal...but if you miss a payment to the trustee (since this is a chapter 7), you can expect your discharge to be revoked lickity split.

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          #5
          WOW. I'd like to use our states wild card exemption and have money in the bank. If for some reason I end up having to protect something else, my atty said the trustee is going to ask me to write them a check. That scared me!

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