DIVIDENDS - CHAPTER 13
U.S. Bankruptcy Court for the Southern District of Alabama
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(a) The chapter 13 trustee shall commence payments under a confirmed Chapter 13 Plan as soon as practicable after the claims bar date. (b) After thorough review by the Chapter 13 Trustee, in any case pending where the unsecured Creditors have been satisfied and sufficient funds are available to pay out the Plan, the Trustee shall remove the preference payments, as established in the Confirmation Order and use such funds to pay the secured debts so the case can be closed. 3 Local Bankruptcy Rule 3015-1 CHAPTER 13 PLANS (a) Chapter 13 plans providing for payments to be made "outside the plan" or "direct" shall be construed by the Court to mean the described payments are within the plan but are to be made directly by the debtor to the specified creditors. (b) The Court may from time to time approve a Model Plan Form.
Any plan which varies from this District's Model Plan Form shall state in the appropriate section for Other Plan Provisions in bold "This Plan has been modified from the Model Plan Form" and a Notice of Modification to Model Form Plan shall be attached thereto specifying the modification in detail.