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Please help decipher Trustee 13 info

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    Please help decipher Trustee 13 info

    Can someone explain what the Min to Unsecured means?

    Below is straight from the 13 site:

    Filed: 10/21/2009
    Confirmed: 2/23/2010
    Base Amount: $33,200.00
    Debtor Refunds:$0.00
    First Mtg: 1/6/2010 3:40:00 PM
    Plan Filed: 11/6/2009
    Total Paid In: $3,850.00
    Delinq Amount:$0.00
    Min to Unsecured: $16,170.00
    Balance on Hand: $463.58

    #2
    I can think of three possibilities (there are probably more):

    1. You have non exempt property and that number reflects the Trustee's calculation as to what you must pay to unsecured creditors in order to keep the non exempt property.

    2. Your "disposable monthly income" off Form 22C is $269.50 per month multiplied by 60 (5 years commitment period) equals that number.

    3. Based upon your Schedule I and J you are funding enough into the Plan to pay unsecured creditors that amount of $$.

    Just my thoughts on the subject.

    Des.

    Comment


      #3
      Des,

      Thanks. It must be #3 or other as 1 and 2 are surely not the case.

      Thanks,
      C

      Comment

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