Those of you who have been in your Chapter 13 plan for a while

[Armmick9]

[anonymuse]

They are allowed to check at anytime. 1 of 250 cases are auditted. And you are responsible for notifying them of any changes in income--not just 10% increase.

[$$only4ever]

I have been in a Chapter 13 for 12 months. So far, so good, no problems with the trustee. My attorney advised us to stay under the radar and make sure that the payments are made on time. So far it has worked for us.

[aa06a47]

Under the new law, you are required to send them a copy of your tax returns each year. Your also suppose to update your Expense and Income schedules. I am not sure the frequency of this, but assume each year. That might be only when the trustee request it.

I guess on the income tax, they are looking for increases in income. If they see that, they will probably want an amended schedule?

[13inOR]

This may depend on the trustee, but all ours ever did was demand tax returns each year, and ask to be notified of windfalls received that were
over $2500, or wage increases of more than 10%. We were in it for 19 months before paying it off and no audit was done that we were ever aware of, we just gave them the tax returns and that was that.

Anonymuse mentioned that they had to report any increase, so it really may be a trustee specific issue, so I guess the best bet is to just follow the guidelines your own trustee gives you. What ours expected was laid out in the 341 meeting clearly, so we knew exactly what to expect.

[anonymuse]

Anonymuse mentioned that they had to report any increase, so it really may be a trustee specific issue, so I guess the best bet is to just follow the guidelines your own trustee gives you. What ours expected was laid out in the 341 meeting clearly, so we knew exactly what to expect.

Just to let you know, I got the information from the training documentation trustees got in Colorado. (It's in the sticky in Ch 7 "What trustees look for when filling out forms") But, like you said, I'm sure trustees use their own guidelines so follow them!