News
Category: General
New Prime Rate as of March 17, 2020
Effective March 17, 2020, the new Prime Rate is 3.25%, which means the presumptive rate per Administrative Order 17-02 is now 5.25%. For cases that are confirmed on or after March 17, 2020 and reference Administrative Order 17-02 for personal property secured claims, the rate to use is decreased from 6.75% to 5.25%.
National Form Plan to be used in Cleveland beginning December 1, 2017
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.
For Attorneys Sending Documents to the Trustee
Debtor attorneys must use the Trustees secure Document Delivery Portal for sending case documents and correspondence related to those documents to the Trustee. If you have not yet registered for the Document Delivery Portal, please contact the Trustees office so that an invitation may be sent to you. You must use the invitation email for registering. You cannot register through the Trustees website.
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.
Online Payment Method
Debtors may make their plan payments electronically. This online payment method known as ePay is available through this website and replaces the need for personal checks, money orders or cashiers checks. Payments are directed by the debtor from his/her bank checking or savings account to the Chapter 13 Trustee in the amount and frequency determined by the debtor. If you are interested in taking advantage of this payment option, please click on the ePay button located on the homepage of this website.
Authorization for Electronic Funds Transfer
Creditors may receive their monthly disbursements via an electronic funds transfer (EFT) instead of a check through the mail. Chapter 13 attorneys may also take advantage of EFT for receiving their allowed attorney fees. To sign up for electronic disbursements, click on the Electronic Funds Transfer button located on the home page of this website.
