Legal Question in Bankruptcy in Florida

Payoff of chapter 13

If I pay off the remaining balance of my chapter 13 early ( I am in month 14 of a 60 month plan), can the trustee or Florida court modify my plan to make me pay more than what was confirmed?

One reason I am asking this is because in the statement I receive from the trustee, the total amount of claims is called 'minimum due'. So if I pay off this 'minimum due' amount, can they seek more, based on the fact that I have more savings now,etc.?


Asked on 7/14/01, 10:02 am

1 Answer from Attorneys
Anthony Comparetto Comparetto Law Firm

Re: Payoff of chapter 13

Be careful. Some chapter 13 trustees are doing just that. If you can pay it off earlier the trustee is saying you have a higher disposable income. Talk with an attorney to design a safe plan.

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Answered on 7/16/01, 9:08 pm


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