No Early Payoff, But Chapter 13 Bankruptcy Plan Modification Possible

PLAN MAY NOT PROPOSE EARLY PAYOFF BUT 1329 MAY ALLOW POST
CONFIRMATION MODIFICATION
In re Kidd, et al, Case No. 06-41232
August 2007, Judge Karlin

The Court recognized changes in 1324(b)(4) and held that debtors may not propose an early pay off but may obtain the same in the right circumstances via 1329.

Digest by:  Jan Hamilton, Trustee

Related posts:

1. Chapter 13 Payment Amount Can Change, But Not Plan Length
2. My Income Is Above Median, How Long Will My Chapter 13 Plan Run?
3. Means Test Form Controls Unless Significant Changes in Circumstances
4. How Long Does Chapter 13 Last if My Income is Below Median?
5. 13 Plan Length Figured as of Bankruptcy Filing Date