What is A Confirmation Hearing in Chapter 13 Bankruptcy?


Glenn Anderson of Port Richey, Florida has a question for the Bankruptcy Attorney.  What is a Confirmation Hearing in a Chapter 13 Bankruptcy.  A Confirmation Hearing is a Hearing before the Bankruptcy Judge, generally attended by the Debtor’s Bankruptcy Attorney, the Chapter 13 Trustee, and possibly, the Debtor and some of his or her Creditors.

At the Confirmation Hearing, the Chapter 13 Bankruptcy Plan is formally introduced to the Bankruptcy Judge.  The Judge makes a determination whether to approve or Confirm the Chapter 13 Bankruptcy, depending upon a number of factors, including whether the Debtor is current on his post-petition payments to the Chapter 13 Trustee, whether the Chapter 13 Plan is feasible and complies with the demands of the Bankruptcy Code, and whether the Bankruptcy Attorney has fulfilled his duties required to obtain Confirmation, including Valuation of Collateral, Elimination of Liens, and other efforts.

If the Chapter 13 Bankruptcy Plan is Confirmed, then the Debtor usually will continue payments to the Chapter 13 Bankruptcy Trustee, as indicated in the Order of Confirmation, signed by the Bankruptcy Judge.  Generally, most Chapter 13 Plans are for a period of sixty months, however, in some situations, the Chapter 13 Plan may be for 36 months, or another period of time.  Nevertheless, a Chapter 13 Plan cannot provide for a repayment to Creditors for a period exceeding 60 months.

Below is a Video regarding the Confirmation Hearing in a Chapter 13 Bankruptcy.