Orland Hills Bankruptcy Attorney On The Set Plan Payment In Chapter ...

Once your case goes through something called confirmation and the judge confirms your case, your plan payment will not change.  But this is often a long process in which one proposed payment is made to the court and often has to be adjusted for many reasons.  Those reasons could be incomplete information provided by the debtor or the creditors who have the ability to file claims, the claims come in much higher than we expected.  This is often the case with tax debts where people are just not aware of how much they owed to the IRS or have not filed taxes in years and the amount is much greater than they thought. 

Also, the trustee could determine that you have more income each month that was listed in your schedules.  For instance, if you own a rental property and the rental income wasn’t listed, your plan payment would be have to be increased. 

In Chapter 13, you are required to use all of your disposable income in order to pay back your creditors.  Basically, you have to pay back as much as you can to your creditors.  Therefore, if information is not listed in your original documents, your plan payment may increase or decrease before your case is confirmed and your plan payment is set.