For attorneys representing chapter 13 debtors who have been affected by the recent and devastating floods in eastern Kentucky, here is some information to assist you in counseling your clients about their chapter 13 cases.
Section 341 meetings will be conducted via Zoom. Prime interest rate is 3.25%. ACH bank drafts can be stopped on written request. Read on for details.
Due to the present health and economic crises, we are making changes to the procedures and policies regarding motions to dismiss for nonpayment and probation orders in the EDKY. These changes will remain effective until further notice. Read on for more details.
Debtors’ attorneys, if you have to amend a plan to increase plan payments before confirmation, don’t make this mistake and cause your clients to become delinquent. Read on for how to use the “payment schedule” in the plan.
Read a quick update on increases in the prime rate of interest and in my percentage fee.
Plan payments in the EDKY must be made by payroll deduction unless otherwise ordered by the court or agreed to by the trustee. Many debtors’ attorneys are inadvertently causing their clients to get behind in plan payments because the attorneys and their staff don’t know the rules. Keep reading for important reminders regarding payroll deduction orders and plan payments.
Debtors can now make their chapter 13 plan payments in EDKY online (for a fee) through http://www.TFSbillpay.com (“TFS”). Debtors’ attorneys, here is what you need to know about this new service.