Base and Unsecured Base

When reviewing Chapter 13 bankruptcy case information on the NDC (National Data Center) website, debtors, creditors and attorneys will see Base or Unsecured Base information. These fields are used by the Trustee to track the amount to be paid to creditors during the term of the bankruptcy case.

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Posted by General in General

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New Prime Rate effective December 19, 2018

By General
January 11, 2019 Category: New Prime Rate Effective December 19 2018

Effective December 19, 2018, the new Prime Rate is 5.50%, which means the presumptive rate per Administrative Order 17-02 is now 7.50%. For cases that are confirmed on or after December 19, 2018 and reference Administrative Order 17-02 for personal property secured claims, the rate to use is increased from 7.25% to 7.50%.

Trustee's Percentage

By General
September 26, 2018 Category: Trustee Percentage

Effective October 1, 2018, the Trustee administrative fee is 5.5%.

National Form Plan to be used in Cleveland beginning December 1, 2017

By General
December 22, 2017 Category: General

The new national form plan will be mandatory in all cases filed on or after December 1, 2017. Relative thereto, new Administrative Orders were posted by the Bankruptcy Court on October 31, 2017 and may be accessed at www.ohnb.uscourts.gov/judges-info/administrative-orders. A form confirmation order is expected to be posted in the near future. General Order No. 17-1, has also been posted by the Bankruptcy Court relative to service of Chapter 13 Plans as of December 1, 2017.

Lauren A. HelblingChapter 13 Trustee

Base and Unsecured Base

New Prime Rate effective December 19, 2018

Trustee's Percentage

National Form Plan to be used in Cleveland beginning December 1, 2017

Lauren A. Helbling
Chapter 13 Trustee