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Chapter 13 Trustee, EDKY: Trustee's Blog

Practice Tips for Chapter 13 Bankruptcy Attorneys in the Eastern District of Kentucky, by Beverly M. Burden, Trustee

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Tag: Secured Claims

May 13, 2022 interest rate / Practice Tips

Updates – Interest Rates, Dollar Amounts, Etc.

Interest rates, dollar amounts in the Bankruptcy Code, and means test data have all changed recently. Also, the CARES Act authorizing plans to be extended due to Covid has expired. Read on for details.

December 1, 2021 Attorneys' Fees / Local Rules and Forms / Practice Tips / Secured Claims

New EDKY Plan; New No-Look Fee Effective With Cases Filed On or After 12/1/21

The EDKY has a new chapter 13 plan form applicable to cases filed on or after Dec. 1, 2021. Read on for changes affecting secured claims and the no-look fee.

March 13, 2019 claims / Local Rules and Forms / Practice Tips

Secured Claims in a Chapter 13 Plan in the EDKY

Must the chapter 13 trustee pay a secured creditor listed in the plan if no proof of claim has been filed? The plan language is ambiguous, but a new nonstandard provision being added to plans in the EDKY will provide clarity. Read on for more information.

May 2, 2018 claims / Kentucky law / Practice Tips

Delinquent Property Taxes and the EDKY Chapter 13 Plan

Where should fully secured delinquent property tax claims be listed in the new chapter 13 plan form?  Debtors’ attorneys and attorneys representing mortgage creditors need to make sure these claims are listed in the plan in such a way as to ensure they are paid in full. Read on.

March 17, 2017 interest rate / Secured Claims / Tax Issues

Interest Rates on Secured Claims in Chapter 13 Cases in the EDKY

The prime rate of interest increased a quarter of a point to 4% effective March 16, 2017. Read on for information on how this affects chapter 13 plans in the EDKY, and what other interest rates are applicable to secured claims.

July 14, 2016 insurance / Secured Claims

What To Do With Insurance Proceeds When a Car Securing a Claim Being Paid Through the Plan Is Damaged or Destroyed

What do you do when there are insurance proceeds payable on the loss of a car that secures a claim being paid through the plan?

June 23, 2016 Secured Claims / Tax Issues

Interest Rate on Secured IRS Claims

The interest rate on secured IRS claims increased to 4%, effective with cases confirmed on or after April 1, 2016.

June 14, 2016 Good Faith / Secured Claims / Surrender

“Surrender” Without Delivery?

Surrender of Collateral Without Delivery?: Can a debtor “surrender” collateral – and cause a secured claim to be treated as unsecured – without physically delivering the collateral to the creditor (or making the collateral available to the creditor)?

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  • Update: Interest Rates; Debt Limits for Eligibility August 8, 2022
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