C. Thompson # 19-33134-

U.S. Bankruptcy Court Virginia Eastern District

Case Summary


Title: C. Thompson
District: Virginia Eastern Bankruptcy Court
Division:
Type: bk
Asset:
Vol:
Trustee:
Chapter: 13
Entered:
Filed:
Debtor Class:
Nature of debt: ********
Fee:
Judge:

Chapter 13 Bankruptcy Information


Chapter 13 bankruptcy is a way to reorganize debt and pay creditors in a manner that is manageable by the debtor. Chapter 13 is different from Chapter 7, which liquidates unsecured debts and no payments are made. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years. If the debtor's current monthly income is less than the applicable Virginia state median, the plan will be for three years unless the court approves it can be longer. If the debtor's current monthly income is greater than the applicable Virginia state median, the plan generally must be for five years. Any individual, even if self-employed or operating an unincorporated business, is eligible for chapter 13 relief as long as the individual's unsecured debts are less than $394,725 and secured debts are less than $1,184,200. These amounts are adjusted periodically to reflect changes in the consumer price index. A corporation or partnership may not be a chapter 13 debtor. You can read about more here about 11 U.S. Code 109 - Who may be a debtor.

Party Summary


Cecil Lamont Thompson (Party

   
     

Docket Summary

Date Doc # Description
09/19/2019 15CerDocTyp - 2nd Ntc of Requirement to Complete Course in Personal Financial Management
[CerDocTyp - 2nd Ntc of Requirement to Complete Course in Personal Financial Management]
09/17/2019 BNC Forms Request Notice of Requirement to File Certification About a Financial Management Course
08/29/2019 12Confirming Chapter 13 Plan
[Confirming Chapter 13 Plan]
08/02/2019 Meeting of Creditors Adjourned
08/01/2019 10Directive for Plan Payments
[Directive for Plan Payments]
06/13/2019 5**Chapter 13 Plan and Related Motions
[**Chapter 13 Plan and Related Motions]
06/13/2019 6Certification re: Compliance with Requirements of 11 U.S.C. Section 1325
[Certification re: Compliance with Requirements of 11 U.S.C. Section 1325]
06/12/2019 1Chapter 13 Voluntary Petition
[Chapter 13 Voluntary Petition]
06/12/2019 2Certificate of Credit Counseling
[Certificate of Credit Counseling]
06/12/2019 none
06/12/2019 Auto Assignment Meeting of Creditors Chapter 13
06/12/2019 1Chapter 13 Voluntary Petition
[Chapter 13 Voluntary Petition]
06/12/2019 2Certificate of Credit Counseling
[Certificate of Credit Counseling]
06/12/2019 none

For more information you can read more about chapter 13s here Chapter 13 Bankruptcy Basics

They also have a pretty good video on the types of bankruptcy which we have provided below

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