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Question about Initial Confirmation Hearing...

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    Question about Initial Confirmation Hearing...

    Just had my 341 last month, have made 2 payments and went well. I have my Initial Conf. Hearing later this month. What happens at this hearing? Also, I grossed $11,000 in commissions last month (commission only employee), best ever in my life. Do I need to be worried about it having an impact?

    #2
    Okay, i did search and found it's usually a 60 second hearing where my trustee tells the judge my plan is confirmed. I feel much better.

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      #3
      Nope. The judge informs the trustee of whether or not the plan that was submitted is confirmed. Most of the time it is the trustee who requests that the plan not be confirmed as submitted - in order to conduct further investigations. A judge might be inclined to deny confirmation of a plan if an oversight is noted.

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