Confused!

[DebtHeadache]

I got a notice today from the trustee saying the 1st payment is due on March 23rd and I have no idea what my payment will be.

We are meeting with the attorney tomorrow to go over the schedules and I am getting nervous. He says it will be around $500.00 which our means test showed as disposable income.

I am freaking out....I have found mistakes on the creditors metric schedule F and asked for a corrected copy and have recieved no reply. I feel like screaming until I pass out.

Plus work has been extremely STRESSFUL...I don't drink but I am seriously thinking about taking up the habit just to drown my sorrows.

I this normal? Have other C13'ers had this happen?

DH

[buchanj]

First stop with the worry, tommorrow youll wonder why you were worrying in the first place. If the lawyer said around 500 dollars he is probably right. My Lawyer told me what my payment would be before the 341, he also said it can increase or decrease by around 100 dollars. Have a glass of wine and relax.

[Flamingo]

Nothing happens overnight in a Chapter 13. Chapter 13 is complicated and you will always have questions. Once you get over the initial hurdle of filing, it will all be over with and you will be on the road to recovery. Your first Chapter 13 payment is due 30 days after you file. You pay the amount you are told to pay because the payment almost always occurs before your 341. The payment may change at the 341 and that will be the payment that you will continue to pay until the end of your Plan.

[DebtHeadache]

Thanks for the information Flamingo...We will see what tomorrow brings and go on from there.

[qwertysue]

We brought a cashier's check for what our submitted plan was for to our 341. At the 341, the amount jumped up 10 bucks a month, so the next month we paid the new amount. After the confirmation, it changed again...down $.67, so we started paying the new amount.

It's easy to get stressed, try to remember to take a few deep breaths every now and then!

.

[DebtHeadache]

Confused now waiting for 341

Well we filled out the rest of the schedules. There were several mistakes and I found some additional mistakes upon arrivng home..

It is amazing but this is what he came up with.

I get to pay in about 24% which is about 0.24 cents per dollar to all my unsecured creditors. My payments will be $250.00 for payments 1-31, then they will increase to $650.00 for payments 32-60. I guess I should be blessed.

Now we wait to see if the trustee is satisfied with this proposal. My 341 has not been scheduled yet, but the attorney said it will be scheduled in about 3 to 4 weeks from today.

DH

[Cali]

And don't start drinking, not a good habit to have.

[DebtHeadache]

Yes you are right. I use to be a lush while in college, but since then have grown up lots. Husband, 2 kids, and 23 years service with one company. My drinking days pretty much ended 12 years ago, thinking about it thats when I quit smoking. I was pregant with my first child and decided I wanted a healthy child. It was extremely easy to stop.

DH

[aa06a47]

There were several mistakes on my schedules when I brought them home from the attorney to review. My attorney was "shocked" I went over the papers in such detail, but didn't want any mistakes / surprises / etc. My payment changed 3 or 4 times between what I submitted and what it ended up as. My attorney kept calling me with the changes, and each time it went up she said they say you can get confirmed next week if you agree.....I kept agreeing, and they kept changing there mind and wanting more. So finally, I said, if they don't accept this then we will need to go before the judge, I got confirmed within 2 days after that. Not sure if the last offer was it, or maybe because I started squeeling they decided they had hit the magic number. (The number my attorney submitted was very low...so overall, I was pleased with the outcome)