Rob Posted February 10, 2005 Report Share Posted February 10, 2005 Hello all. I filed Chapter 13 about 1 1/2 years ago. I am currently on time with my plan payments and I am doing much better financially. My question is what would be the benefits and/or the negatives to paying off the plan early. Early meaning making larger payments than the plan payment requires.Would this draw attention to me as far as the trustee/judge is concerned? I am self-employed and attention regarding my income is not desirable.Thank you for your responses. Link to comment Share on other sites More sharing options...
bingo Posted February 11, 2005 Report Share Posted February 11, 2005 Hell yes it's undesirable. The trustee will ask where the cash is coming from and if you're on less than a 100% payback, you'll run the risk of the plan being amended to include a higher payback. Link to comment Share on other sites More sharing options...
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