[CLBS] FW: Rochelle's Daily Wire: Creditors Don’t Receive Estate Assets Recovered After the Last Chapter 13 Plan Payment

[Patrick Geile]

CAUTION: This email originated outside the State of Idaho network. Verify links and attachments BEFORE you click or open, even if you recognize and/or trust the sender. Contact your agency service desk with any concerns.

Rochelle loves Idaho!

Patrick J. Geile
Direct:208-947-1563


From: Bill Rochelle <jhartgen at abi.org>
Sent: Friday, February 9, 2024 6:06 AM
To: Patrick Geile <PGeile at foleyfreeman.com>
Subject: Rochelle's Daily Wire: Creditors Don’t Receive Estate Assets Recovered After the Last Chapter 13 Plan Payment



[Image removed by sender. ABI]<https://connect.abi.org/e/107412/2024-02-09/6vn885/1176095311/h/VFi1EjDJhJM9svVbWbbTBuAacLGvP0fROfvO6axDQ5I>


[Image removed by sender.]<https://connect.abi.org/e/107412/newsroom-daily-wire/6vn888/1176095311/h/VFi1EjDJhJM9svVbWbbTBuAacLGvP0fROfvO6axDQ5I>


[Image removed by sender.]<https://connect.abi.org/e/107412/-campaign-la-utm-content-agave/6vn88c/1176095311/h/VFi1EjDJhJM9svVbWbbTBuAacLGvP0fROfvO6axDQ5I>


February 9, 2024

Creditors Don’t Receive Estate Assets Recovered After the Last Chapter 13 Plan Payment

If a trustee recovers an estate asset after the debtor made their last payment under a chapter 13 plan, the recovery goes to the debtor in the absence of a provision in the plan directing the asset to creditors.

That’s the holding in a January 26 opinion by Chief Bankruptcy Judge Noah G. Hillen of Boise, Idaho.

A couple confirmed a chapter 13 plan. After making the last payment in their five-year plan, the chapter 13 trustee filed a notice of completion of payments, and the debtors received their discharge.

Six weeks after discharge, the trustee received a check for almost $5,000 from a creditor representing an overpayment that the debtors evidently had made years before filing. The $5,000 represented payment on a claim belonging to the debtors’ estate.​​​​

Read full analysis<https://connect.abi.org/e/107412/after-the-last-chapter-13-plan/6vn87v/1176095311/h/VFi1EjDJhJM9svVbWbbTBuAacLGvP0fROfvO6axDQ5I>.

[Image removed by sender. 27ArticlesBook]<https://connect.abi.org/e/107412/on-trying-to-get-it-right-html/6vn87y/1176095311/h/VFi1EjDJhJM9svVbWbbTBuAacLGvP0fROfvO6axDQ5I>

[Image removed by sender. VALCON24]<https://connect.abi.org/e/107412/ybrid-conference-valcon24-page/6vn882/1176095311/h/VFi1EjDJhJM9svVbWbbTBuAacLGvP0fROfvO6axDQ5I>

American Bankruptcy Institute
99 Canal Center Plaza, Suite 200
Alexandria, VA 22314
Manage E-mail Preferences<https://connect.abi.org/member_preferences?ehash=fa3c85e423f3ee4563a38217f486648e10719a81f854773f9bb2783183c8c7f4&email_id=1176095311&epc_hash=qQZxawIciK5J3RTrWLV8ZP8ZNf-QhF9LGEzpjjQHMXg>


[Image removed by sender.]

-------------- next part --------------
A non-text attachment was scrubbed...
Name: ~WRD0638.jpg
Type: image/jpeg
Size: 823 bytes
Desc: ~WRD0638.jpg
URL: <http://admws.idaho.gov/pipermail/clbs/attachments/20240209/48c31cc2/attachment.jpg>