Yahoo!!!!!!

[LadyInTheRed]

That's awesome to hear and see happen! We're into year two of our 13, is there any way to tell if I may be in the same situation? When I look at our case at the National Data Center website, from our claim summary, it shows the attorney as the first creditor being paid 100%, then the next scheduled creditor is our home mortgage at 100%. All of the remaining listed creditors are unsecured and are listed as 0%. I've often wondered what happens after the secured ones are paid off if then the Trustee moves onward to paying these unsecured even though they are shown as 0%. Thanks for any info.

Do not rely on National Data Center. It is not he court's official record of your plan. It says that all of my unsecured creditors are being paid 100% when they will be paid less than 1%.

Your unsecured creditors will get paid a pro-rata share of what is left, if anything, after your secured creditors, attorneys fees and trustee fees are paid. Don't count on getting out early, or even have high hopes, unless you pay 100% of unsecured claims. What happened to Andyman is not how a Chap 13 is supposed to work. Even his attorney doesn't understand it and doesn't want to rock the boat by asking the trustee. Those in Chap 13 should not get their hopes up.

[PapaChoncho]

That's awesome to hear and see happen! We're into year two of our 13, is there any way to tell if I may be in the same situation? When I look at our case at the National Data Center website, from our claim summary, it shows the attorney as the first creditor being paid 100%, then the next scheduled creditor is our home mortgage at 100%. All of the remaining listed creditors are unsecured and are listed as 0%. I've often wondered what happens after the secured ones are paid off if then the Trustee moves onward to paying these unsecured even though they are shown as 0%. Thanks for any info.

[lookin4info]

Congratulations! Wow, that was a great surprise I'm sure!

[13for60]

Andyman -

I'm kind of in the same situation. I look at the numbers and I'll be paid up in January of 2014, a full 20 months short of my 60. I'm waiting to see how it turns out. BTW - what state are you in?

Congrats to you!

[AngelinaCat]

CONGRATULATIONS!!!! We have a CHAPTER 13 Discharge Party!!!! That is such good news for you! Here you go:

http://www.youtube.com/watch?v=f9aA_fba_To&feature=related

[katztoo]

Congratulations! time to celebrate!

[broke54]

Congratulations.

[Andyman]

I just realized I mis-read Andyman's signature. His plan originally was to pay 0% to unsecured creditors. Looking back at prior posts, it appears the unsecured creditors did file claims and there was a $1700 tax refund turned over to the trustee. But, it doesn't seem that that would be enough to pay 100% of unsecured claims given the information in other posts.

Andyman, did you turn another refund over to the trustee?

No, just the one. I just got off the phone with my attorney and he said he's seen several CH13 plans that have ended this way...he said he wasn't even going to ask why and neither am I!!

[dmc-2008]

Thank you lir. I sure hope i can be so lucky! Congrats Andy!!

[LadyInTheRed]

I just realized I mis-read Andyman's signature. His plan originally was to pay 0% to unsecured creditors. Looking back at prior posts, it appears the unsecured creditors did file claims and there was a $1700 tax refund turned over to the trustee. But, it doesn't seem that that would be enough to pay 100% of unsecured claims given the information in other posts.

Andyman, did you turn another refund over to the trustee?

[LadyInTheRed]

Cogratulations, Andyman!

Thats great! How does that happen?

Andyman was in a 100% plan. He has paid enough into his plan to pay off all arrearages on secured claims (if any) and all allowed unsecured claims. Either (1) the plan was set up that way in the first place and Andyman didn't realize the plan would not last the entire 5 years, (2) not all unsecured creditors filed claims or (3) tax refunds or other income was turned over to the trustee in addition to the income anticipated at the time the plan was drafted.

[Sammie]

Wonderful news! Congratulations!

[katztoo]

Great!!! congratulations!!!!! Well done!

[dmc-2008]

Thats great! How does that happen?

[pamkev]

That is great news