Administering Chapter 13 bankruptcy cases filed in the United States Bankruptcy Court for the Northern District of Ohio - Eastern Division (Cleveland), comprising Cuyahoga, Geauga, Lake and Lorain Counties

New Prime Rate as of July 28, 2022

Effective July 28, 2022, the new Prime Rate is 5.5%, which means the presumptive rate per Administrative Order 17-02 is now 7.5%.  For cases that are confirmed on or after July 28, 2022, and reference Administrative Order 17-02 for personal property secured claims, the rate to use is increased from 4.75% to 5.5%.

Posted By General in Prime Rate

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New Prime Rate as of July 28, 2022

Posted By General
August 16, 2022 Category: Prime Rate

Effective July 28, 2022, the new Prime Rate is 5.5%, which means the presumptive rate per Administrative Order 17-02 is now 7.5%.  For cases that are confirmed on or after July 28, 2022, and reference Administrative Order 17-02 for personal property secured claims, the rate to use is increased from 4.75% to

Trustee's Percentage Fee

Posted By General
June 28, 2022 Category: Trustee Percentage Fee

While the Cleveland Office of the Chapter 13 Trustee continues to work diligently to keep the administrative fee as low as possible, we find it necessary to increase the administrative fee at this time.  A new administrative fee of 6% has been approved by the United States Trustee effective July 1, 2022.  This office will not seek dismissal of any case running beyond 60 months due to this increase in the

Warning: Scammer Alert

Posted By General
June 07, 2022 Category: Scam

A Trustee’s office received a call from a debtor who said he had been communicating with the Trustee through text messaging and that the Trustee advised the Debtor that he was $1,500.00 behind on his case.  The scammer proceeded to tell the Debtor he would need to send $1,500.00 in gift cards. The debtor then used cash to purchase 3 gift cards of $500.00 each, scratched off the gift card sticker and sent pictures of the front and back of the gift cards through text message to the scammers.   The Trustee’s office found out about this when the debtor called to verify that the office had received the $1,500.00 payment.  By that time, the scammers had all the information needed to spend the $1,500.00 for on-line purchases.   The debtor continued to communicate with the scammers (after the Trustee’s office told him not to) and asked them to prove it was the Trustee by giving him names of people who worked in the office.  The scammers dropped some names of attorneys that we think they may have gotten from an internet search for local bankruptcy attorneys.   The phone number given to the debtor is no longer in service - not a surprise.  Additionally, Trustee's believe the same kind of scam could be perpetrated by the scammers pretending to be a mortgage company or servicer and claiming that the mortgage is behind.   Please remember:  the Trustee will never text, call or email a Debtor asking for payments to b

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