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?
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Question about Initial Confirmation Hearing...
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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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