just received notice from GM that we owe them over $14,000 !!!

[lookin4info]

I agree that this must be an unusual situation! Thanks for your reply, I'll post the results when I find out something. In the meantime, if anyone else has
any ideas here, let me know.

One addtional concern I have is that since 2007, we have paid taxes on $14,000 more than we should. I have no clue how that can be adjusted. That will be interesting also.

[despritfreya]

This is very interesting and I do not have an answer. I believe your attorney is going to have to do some research. The pension administrator may have a right of recoupment to the funds. The over payment is not a typical debt as it is owed to a qualified pension plan. It is not even akin to an over payment of Social Security or unemployment comp which is dischargeable.

I wish I could help but, please, keep this thread updated. I really would like to know what your attorney thinks.

Des.

[lookin4info]

My husband took a buy out from GM over 20 yrs ago when his plant shut down but was still able to draw a small pension check from them beginning at age 62. One week after we filled CH 13 we receive a letter telling us that he has been over paid more than $14,000 and his benifits were being reduced beginning March 1 by $200. If we don't send a check for the $14,000 right away (and we won't be!) they will reduce the new benefit by 1/2 until it is paid. This will result in more than a $300 a month lost income until the year 2025. Since he drew less than $400 anyway, this pretty much wipes out the income from this source.

I have a call into my attorney, but he hasn't called back yet. Does anyone know if this can be added into our plan instead of being paid through the deductions. I'm really worried what this will do to our plan, our 341 is scheduled 2/28. Our proposed plan is $1049/mo. for 46 months w/1% going to unsecured creditors.

Thanks for any help you can give, looking for the silver lining...