CH 13 Late Payment

[ccgirl]

My payment comes right out of my checking account every other Friday. I never have to worry about being late.

[LadyInTheRed]

My payment comes right out of my checking account every other Friday. I never have to worry about being late.

You're lucky you have a trustee who will allow that. Many trustees, like my own, only allow payroll deduction, cashier's check or money order.

[ccgirl]

You're lucky you have a trustee who will allow that. Many trustees, like my own, only allow payroll deduction, cashier's check or money order.

I was kind of surprised myself. It was actually the only option my trustee gave me.

[jcsawyer]

The only issue we have is paydays are a little wonky for us so its no more than 2 weeks late due to processing and payday. other than that we try to be right on time. We did have to work with a payment one time (car accident and had to pay a large deductible) but other than that we are on top of it! (two weeks late this month due to a major unexpected expense that we weren't prepared for......but....)

[sophieanne]

Yay!!! After this post I called my trustee's office to ask about EFT or ACH payments..not an option. She did however say that some banks will send a monthly payment on the debtor's behalf. I asked if that check had to be a cashier's check (which I'm doing now) and she said no. So I checked with my bank and sure enough they do bill pay. I set up the day I want it to be sent and they guarantee it will be where it's going in 5 days. The money is taken out of the account the day it's sent, threfore t's guaranteed funds. I always send my payment the 1st to ensure it's there by the 15th, so this is a major victory to me. I set it up today and the payment heads out tomorrow.

[ccgirl]

Yay!!! After this post I called my trustee's office to ask about EFT or ACH payments..not an option. She did however say that some banks will send a monthly payment on the debtor's behalf. I asked if that check had to be a cashier's check (which I'm doing now) and she said no. So I checked with my bank and sure enough they do bill pay. I set up the day I want it to be sent and they guarantee it will be where it's going in 5 days. The money is taken out of the account the day it's sent, threfore t's guaranteed funds. I always send my payment the 1st to ensure it's there by the 15th, so this is a major victory to me. I set it up today and the payment heads out tomorrow.

That is good news!