If I filed Chapter 13 and 4 months later got an 8% pay increase after the confirmation order, do I have to inform trustee?
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If I filed Chapter 13 and 4 months later got an 8% pay increase after the confirmation order, do I have to inform trustee?
I did not know ahead of time that I was going to get it. If I must inform them, do I write a letter to her or do I have to file some formal paperwork?
Asked on May 3, 2012 under Bankruptcy Law, California
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 11 years ago | Contributor
When you filed your Chapter 13 petition (reorganization) the filing was based upon your financial circumstances at the time. When the confirmation order was issued by the bankruptcy court with respect to the Chpater 13 filing, such order controls the situation that you are now in even though you received an 8% pay increase post the confirmation order.
In other words, you need not advise the trustee with respect to your Chapter 13 bankruptcy that you received the pay increase that you have written about.
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