Anyone have a clue to this?

[sherbear]

I was on the ch 13 data center today and noticed this in our file:

Case Status: Z NEAR COMPLETION
Date Case Closed: 5/2/2008

Im not sure what to make of it. We have been in our 60 month plan for 36 months but have already payed the % that was supposed to go to our creditors and balance owed shows 0 on all owed. We have not payed our base yet because ever year that got our income tax (3 now) the uped the base. I have not received any letters from the trustee or payroll deduction has not stopped. 1 month ago when I checked status it said "pending mortage review" with 2010 in close date know states above.

Any ideas if were nearing completion buy the stats-I sure hope so.

[sherbear]

I also noticed they have not applied our 2008 tax refund amount to our plan yet and they should have received it in March.

[itneverends]

My 13 showed as a "Z List Case" case when I hit the initial percentage agreed to in the plan (67%). What I was told was that meant my case was on "the list" for the trustee to review and determine if/when we would be complete. From what I could figure out, I think the "Z" status is automatic once you hit zero balance owed. But unless you are in a 100% plan, that does not mean you are done.

When the amount I owed reached zero earlier this year, the trustee stopped making disbursements and the money is just accumulating at this point (3 payments since then). Even though I hit the agreed upon 67%, the trustee will just raise that % and I continue to pay.

Also, in my case the tax refund does not show up as a payment, but it is reflected in the total paid in amount. So if you are looking for it to show up as a payment, check the total paid.

But what I did not have happen in my case is the "Date Closed" still shows as "NA". So the fact that yours shows 5/2 might be a good sign.

[rrockinggramma]

mine is listed as z also. My attorney just filed to get paid for sending copies of my tax forms for 07 to the trustee. LOL So he will get some money. Other than that, my payments are just sitting there too.

[sherbear]

Just checked the 13 data center again today and now the case status says "active" again instead of "z near completion" but the date case closed still says 5/2/2008. Also noticed that the percntage has been uped 4 percent more than originally planned. Guess thinking I was almost done was only wishful thinking even though we have given them $20,000 more than expected through tax returns. Says we can buy out now for $7500 but if I had that knid of money I wouldnt be in this situation in the first place. It seems it will never end.

[funspot08]

Makes Sense

Unfortunately, it makes sense. The computer made an error there and the extra amount of tax money, which is very large, doesn't count to the base paid. When you take that money out, you're still way below your base, and will have to continue to pay to satisfy your base amount based upon the monthly payments.

You basically have to pretend in your mind that the tax money doesn't exist as absurd as that it, it's just more money that the creditors get that have nothing to do with your monthly plan.