This form is an order confirming a chapter 13 plan. The plan is confirmed with certain provisions encompassing payment amount, due date of payment, and period of payments.
Virgin Islands Order Confirming Chapter 13 Plan - B 230B
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How to fill out Order Confirming Chapter 13 Plan - B 230B?
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FAQ
Any 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.
Your Chapter 13 bankruptcy case officially ends when the court issues a final decree. This is different from the discharge order, which erases qualifying debts but does not close the case. The court can close a case without issuing a discharge if the debtor does something wrong or forgets a step in the process.
After Plan Completion: After all payments have been completed, the Chapter 13 Trustee will file a Motion to Return any Excess Funds to Debtor and to Terminate any Payroll Deduction by Employer. If the Motion is granted, the Court will enter an order granting the motion and issue two notices.
There is one situation where the court will allow you to pay off your plan early?and that's when you pay creditors 100% of their claimed amounts. If you pay all that you owe, there won't be a need for a payment plan. You won't need a discharge, and your creditors will be made whole.
Case Closure at Trustee's Office After receiving all required payments under the plan (including any tax refunds owed) and completing an audit to determine that all amounts owed were received, the Chapter 13 Trustee will file a Certificate of Final Payment with the Bankruptcy Court.
Your bankruptcy payment will become due the month after your bankruptcy is filed. The payment becomes due the first of the month, but as long as it is received prior to the end of the month it will be 'on time'. If you fall behind by more than two months, your Trustee can and will file a Motion to Dismiss your case.