Beware Overtime Pay In A Chapter 13!

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By Douglas B. Jacobs, Jacobs, Anderson, Potter & Chaplin, LLP (Chico, CA)

It used to be that when a Chapter 13 plan was confirmed, you were able to store the file for the length of the plan unless, of course, the debtor showed up with an economic disaster of some kind and was no longer able to make payments. (They never show up when things are going well, they have gotten a salary increase, or a new job receiving more money to pay into the plan.)

These days things aren’t so simple. Tax returns and pay-stubs are . . .

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