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Monthly payments

U.S. Bankruptcy Court for the District of Kansas

Rule Set: Local Bankruptcy Rules of the U.S. Bankruptcy Court for the District of Kansas

Rule: 11.2

Jurisdiction: DKSB

Bluebook Citation: Bankr. D. Kan. R. 11.2

All Rules: Bankr. D. Kan. Local Bankruptcy Rules, complete index

Text

“EMA,” referenced below, means “estimated monthly amount.” Valuation requires service of the plan in accordance with Federal Rule of Bankruptcy Procedure 7004. Debtor proposes to pay personal property secured creditors the minimum EMA listed below from the funds available to pay those claims, after the deduction of Trustee fees. If the Trustee has sufficient funds, the Trustee may pay more than the minimum EMA. If the Trustee has insufficient funds to pay the minimum EMA, the Trustee may adjust the payment so long as the claim will be paid before plan completion.

Otherwise, the monthly payments specified below are minimum amounts, and the actual amount may vary, depending on the amount of the allowed claim.

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