News - Month: September 2020
Month: September 2020
Trustee's Percentage Fee
Effective October 1, 2020, the Trustee administrative fee is 6.5%.
New Moratorium Forms
The Trustees office is pleased to announce the creation of new forms to be used to obtain a moratorium of plan payments. The forms can be found in the Library section of this website. Notably the forms provide for a standard 3 month moratorium period running from the 1st day of the first month and end on the last day of the third month, addresses conduit issues and automatically provides for refunds to the debtor(s) if appropriate. The standardized forms are not required, but they are intended to reduce objections and ease administration which helps everyone involved.
