Connecticut Order Fixing Time to Object to Proposed Modification of Confirmed Chapter 13 Plan — B 231B is a legal document that outlines the specific timelines and procedures for parties involved in a Chapter 13 bankruptcy case to object to proposed modifications of a confirmed repayment plan. This order plays a crucial role in ensuring fairness and transparency in the bankruptcy process. In Connecticut, there may be different types of orders fixing time to object to proposed modifications of confirmed Chapter 13 plans. These can include: 1. Initial Order Fixing Time to Object: This order is typically issued at the onset of a Chapter 13 bankruptcy case, setting an initial deadline by which parties need to file any objections to the proposed modifications of the confirmed repayment plan. 2. Subsequent Order Fixing Time to Object: This order can be issued if there are subsequent modifications proposed to the confirmed Chapter 13 plan. It fixes a new deadline for parties to object to these proposed changes. 3. Order Extending Time to Object: In some cases, the court may grant a request to extend the deadline for objections to proposed modifications. This order extends the originally fixed time while allowing interested parties additional opportunities to raise objections. The purpose of these orders is to provide a clear framework and timeframe within which objections to proposed modifications of a confirmed Chapter 13 plan can be raised. By naming specific orders, such as the Initial Order Fixing Time to Object or Subsequent Order Fixing Time to Object, it becomes easier for parties involved in bankruptcy cases to understand and comply with the necessary procedures. Please note that the details provided are for informational purposes only and should not be considered legal advice. It is always recommended consulting with a qualified attorney or legal professional for guidance on specific bankruptcy matters in Connecticut.
Connecticut Order Fixing Time to Object to Proposed Modification of Confirmed Chapter 13 Plan - B 231B
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Hear this out loud PauseAn order confirming the chapter 13 plan is a Bankruptcy judge's approval of the Debtor's proposed chapter 13 repayment plan. For more information, see 11 U.S.C. §1325 .
Hear this out loud PauseAny Chapter 13 debtor who receives an objection to confirmation should first take a deep breath and relax. Then, they should pick up the phone and call their bankruptcy attorney and ask for an explanation of the objections. In the vast majority of cases, the objections can easily be fixed.
Hear this out loud PauseModification after confirmation. The court and the trustee will ask you to explain why you need to change your plan payments and provide proof of your changed circumstances (such as a job loss or a reduction in income). If satisfied, the court will order a new plan payment for the duration of your case.
For most creditors the objection is about whether or not they are being treated correctly under the law. For the trustee the objection is usually about how a class of creditors is being treated and whether the plan complies with the requirements of the law on the whole.
Hear this out loud PauseThe chapter 13 trustee may file an objection to the confirmation of an amended plan no later than fourteen (14) days from the date the amended plan is filed or five (5) days before the date set for the first confirmation hearing, whichever is earlier.
If the court declines to confirm the plan or the modified plan and instead dismisses the case, the court may authorize the trustee to keep some funds for costs, but the trustee must return all remaining funds to the debtor (other than funds already disbursed or due to creditors).
If the court confirms the plan, the chapter 13 trustee will distribute funds received under the plan "as soon as is practicable." 11 U.S.C. § 1326(a)(2). If the court declines to confirm the plan, the debtor may file a modified plan.