Free 2008 June 23 Ver Amended Local Rules.pdf - Massachusetts

OFFICIAL LOCAL FORM 3 PRE CONFIRMATION CHAPTER 13 PLAN and COVER SHEET

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UNITED STATES BANKRUPTCY COURT DISTRICT OF MASSACHUSETTS CHAPTER 13 PLAN COVER SHEET Filing Date: _____________________ Debtor: ________________________ SS#: __________________________ Address: _______________________ ______________________________ ______________________________ Docket #: _____________________ Co-Debtor:_____________________ SS#: _________________________ Address: ______________________ ______________________________ ______________________________

Debtor's Counsel: _________________________ Address: ___________________________________________________ ___________________________________________________________ ___________________________________________________________ Telephone #: ____________________ Facsimile #: _____________________ ATTACHED TO THIS COVER SHEET IS THE CHAPTER 13 PLAN FILED BY THE DEBTOR(S) IN THIS CASE. THIS PLAN SETS OUT THE PROPOSED TREATMENT OF THE CLAIMS OF CREDITORS. THE CLAIMS ARE SET FORTH IN THE BANKRUPTCY SCHEDULES FILED BY DEBTOR(S) W ITH THE BANKRUPTCY COURT. YOU W ILL RECEIVE A SEPARATE NOTICE FROM THE BANKRUPTCY COURT OF THE SCHEDULED CREDITORS' MEETING PURSUANT TO 11 U.S.C. § 341. THAT NOTICE W ILL ALSO ESTABLISH THE BAR DATE FOR FILING PROOFS OF CLAIMS. PURSUANT TO THE MASSACHUSETTS LOCAL BANKRUPTCY RULES, YOU HAVE UNTIL THIRTY (30) DAYS AFTER THE SECTION 341 MEETING TO FILE AN OBJECTION TO CONFIRMATION OF THE CHAPTER 13 PLAN, W HICH OBJECTION MUST BE SERVED ON THE DEBTOR, DEBTOR'S COUNSEL AND THE CHAPTER 13 TRUSTEE.

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UNITED STATES BANKRUPTCY COURT DISTRICT OF MASSACHUSETTS OFFICIAL LOCAL FORM 3 PRE-CONFIRMATION CHAPTER 13 PLAN Docket No.:_____________

DEBTORS: (H)____________________ (W )_____________________

SS#: _____________________ SS#: _____________________

I. PLAN PAYMENT AND TERM: Debtor(s) shall pay monthly to the Trustee the sum of $__________ for the term of: G 36 Months. 11 U.S.C. § 1325(b)(4)(A)(i); G 60 Months. 11 U.S.C. § 1325(b)(4)(A)(ii); G 60 Months. 11 U.S.C. § 1322(d)(2). Debtor avers the following cause: _____________________________________________________________________ _____________________________________________________________________ ___________________________________________________________________; or G ____ Months. The Debtor states as reasons therefore: _______________________ _____________________________________________________________________ _____________________________________________________________________

II. SECURED CLAIMS: A. Claims to be paid through the plan (including arrears): Creditor ______________ Description of Claim (pre-petition arrears, purchase money, etc.) _______________________________
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Amount of Claim $________________

______________ ______________

_______________________________ _______________________________

$________________ $________________ $________________

Total of secured claims to be paid through the Plan:

B. Claims to be paid directly by debtor to creditors (Not through Plan): Creditor ____________________ ____________________ ____________________ Description of Claim ________________________________________________ _______________________________________________ _______________________________________________

C. Modification of Secured Claims: Creditor Details of Modification (Additional Details May Be Attached) Amt. of Claim to Be Paid Through Plan

____________________ __________________________ ____________________ __________________________

_________________ _________________

D. Leases: i. The Debtor(s) intend(s) to reject the residential/personal property lease claims of __________________________________________; or ii. The Debtor(s) intend(s) to assume the residential/personal property lease claims of __________________________________________. iii. The arrears under the lease to be paid under the plan are _______________. III. PRIORITY CLAIMS: A. Domestic Support Obligations: Creditor __________________ Description of Claim ________________________
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Amount of Claim $________________

B. Other: Creditor Description of Claim Amount of Claim $______________ $______________ $______________ $______________ $______________

____________________ ___________________________ ____________________ ___________________________ ____________________ ___________________________

____________________ ___________________________ Total of Priority Claims to Be Paid Through the Plan:

IV. ADMINISTRATIVE CLAIMS: A. Attorneys Fees (to be paid through the plan): B. Miscellaneous Fees: Creditor __________________ __________________ __________________ Description of Claim _________________________ _________________________ _________________________ Amount of Claim $_______________ $_______________ $_______________ $______________

C. The Chapter 13 Trustee's fee is determined by Order of the United States Attorney General. The calculation of the Plan payment set forth utilizes a 10% Trustee's commission.

V. UNSECURED CLAIMS: The general unsecured creditors shall receive a dividend of ______% of their claims. A. General unsecured claims B. Undersecured claims arising after lien avoidance/cramdown: Creditor Description of Claim Amount of Claim $_______________

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__________________ __________________ __________________

_________________________ _________________________ _________________________

$________________ $________________ $________________

C. Non-Dischargeable Unsecured Claims: Creditor __________________ __________________ __________________ Description of Claim _________________________ _________________________ _________________________ Amount of Claim $________________ $________________ $________________

Total of Unsecured Claims (A + B + C): D. Multiply total by percentage: (Example: Total of $38,500.00 x .22 dividend = $8,470.00) E. Separately classified unsecured claims (co-borrower, etc.): Creditor __________________ __________________ __________________ Description of Claim _________________________ _________________________ _________________________

$_________________ $_________________

Amount of Claim $________________ $________________ $________________ $________________

Total amount of separately classified claims payable at ___%: VI. OTHER PROVISIONS:

A. Liquidation of assets to be used to fund plan: ________________________________ ______________________________________________________________________. B. Miscellaneous Provisions: _______________________________________________________________________ _______________________________________________________________________.

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VII. CALCULATION OF PLAN PAYMENT: a) Secured claims (Section I-A Total): b) Priority claims (Section II-A & B Total): c) Administrative claims (Section III-A&B Total): d) Regular unsecured claims (Section IV-D Total): + e) Separately classified unsecured claims: f) Total of a + b + c + d + e above: g) Divide (f) by .90 for total including Trustee's fee: Cost of Plan = $_________________ $_________________ $_________________ $_________________ $_________________ $_________________

=

$_________________

(This represents the total amount to be paid into the Chapter 13 Plan.) h) Divide (g), Cost of Plan, by Term of Plan, _____ months i) Round up to nearest dollar for Monthly Plan Payment: (Enter this amount on page 1) $ ________________

Pursuant to 11 U.S.C. §1326(a)(1) unless the Court orders otherwise, debtor shall commence making the payments proposed by a plan within thirty (30) days after the petition is filed. Pursuant to 11 U.S.C. §1326(a)(1)(C), the debtor shall make preconfirmation adequate protection payments directly to the secured creditor.

VIII. LIQUIDATION ANALYSIS A. Real Estate: Address

Fair Market Value

____________________ $___________________ ____________________ $___________________ ____________________ $___________________ Total Net Equity for Real Property: Less Total Exemptions (Schedule C): Available Chapter 7:
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Total Amount of Recorded Liens (Schedule D) $_____________________ $_____________________ $_____________________ $_____________________ $_____________________ $_____________________

B. Automobile (Describe year, make, model): ______________ Value $________ Lien $_________ Exemption $ _________________ ______________ Value $________ Lien $_________ Exemption $ _________________ Total Net Equity: Less Total Exemptions (Schedule C) Available Chapter 7: $____________________ $____________________ $____________________

C. All other Assets: (All remaining items on schedule B) : (Itemize as necessary) _______________________________________________________________________ _______________________________________________________________________. Total Net Value: Less Exemptions (Schedule C): Available Chapter 7: $_____________________ $ ____________________ $_____________________

D. Summary of Liquidation Analysis (total amount available under Chapter 7): Net Equity (A and B) plus Other Assets (C) less all claimed exemptions: $_____________ E. Additional Comments regarding Liquidation Analysis: _______________________________________________________________________ _______________________________________________________________________.

IX. SIGNATURES Pursuant to the Chapter 13 rules, the debtor or his or her attorney is required to serve a copy of the Plan upon the Chapter 13 Trustee, all creditors and interested parties, and to file a Certificate of Service accordingly.

______________________________ Debtor's Attorney

_______________________ Date

Attorney's Address: _________________________________________________ _________________________________________________
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_________________________________________________ Tel. # ( ) _________-______________

Email Address: ____________________________________

I/WE DECLARE UNDER THE PENALTIES OF PERJURY THAT THE FOREGOING REPRESENTATIONS OF FACT ARE TRUE AND CORRECT TO THE BEST OF OUR KNOWLEDGE AND BELIEF. _______________________________ Debtor _______________________________ Debtor _______________________ Date _______________________ Date

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