CHAPTER 13 PAYMENT OPTIONS

PLAN PAYMENTS PRIOR TO CONFIRMATION

UNTIL YOUR BANKRUPTCY PLAN IS CONFIRMED BY THE COURT, PLAN PAYMENTS MUST BE MADE DIRECT BY THE DEBTOR TO THE TRUSTEE’S BY EITHER A MONEY ORDER OR A CASHIER’S CHECK. PLEASE INCLUDE YOUR NAME AND CASE NUMBER ON THE MONEY ORDER OR CASHIER’S CHECK.

PAYMENT ADDRESS
THOMAS POWERS, CHAPTER 13 TRUSTEE
P.O. BOX 1958
MEMPHIS, TN 38101-1958

WAGE DIRECTIVE – FOR SALARY OR HOURLY EMPLOYEES

A DEBTOR WHO IS A WAGE OR SALARY EMPLOYEE AND HAS A JOB THAT REGULARLY PAYS AN AMOUNT LARGE ENOUGH EACH MONTH TO MAKE THE PLAN PAYMENT (AFTER TAXES AND OTHER DEDUCTIONS) IS REQUIRED TO SUBMIT A WAGE DIRECTIVE IF FILING A PLAN IN THE NORTHERN DISTRICT OF TEXAS.

THE COMPLETED WAGE DIRECTIVE FORM MUST BE PROVIDED TO THE TRUSTEE AT OR BEFORE THE 341 MEETING. EMPLOYER PAYROLL DEDUCTIONS TYPICALLY BEGIN IN THE THIRD MONTH OF YOUR PLAN.

PAYMENT OPTIONS FOR NON-WAGE OR SALARY EMPLOYEES

A DEBTOR WHO IS NOT A WAGE OR SALARY EMPLOYEE (i.e. IRS-1099, SELF-EMPLOYED, UNEMPLOYED OR RETIRED CLASSIFICATION) MAY CHOOSE THE FOLLOWING PAYMENT METHODS:

AUTOMATED CLEARING HOUSE (ACH) NETWORK

ELECTRONIC PAYMENT TRANSFERS FROM THE DEBTOR’S FINANCIAL INSTITUTION TO THE TRUSTEE’S BANK THROUGH THE AUTOMATED CLEARING HOUSE (“ACH”) NETWORK.

DEBTORS WILL COMPLETE AND PROVIDE THE TRUSTEE WITH THE ACH AUTHORIZATION AGREEMENT AND CHOOSE TO HAVE THEIR MONTHLY PLAN PAYMENT DRAFTED ON EITHER THE 5TH AND 20TH DAY OF THE MONTH.

THE ACH AUTHORIZATION FORM AND VOIDED CHECK OR SAVINGS DEPOSIT SLIP MUST BE PROVIDED TO THE TRUSTEE AT OR BEFORE THE 341 MEETING.

ePay ONLINE PAYMENT SYSTEM

ePay USES FUNDS IN YOUR CHECKING OR SAVINGS ACCOUNT TO ALLOW YOU TO MAKE DIRECT PAYMENTS TO THE TRUSTEE. THIS IS AN INSTANT PAYMENT SYSTEM TO PROVIDE A VERIFIABLE, TRUSTWORTHY, AND MORE EXPEDITED PAYMENT OPTION AT ANY TIME DURING THE MONTH.

IN ORDER TO USE ePay, THE DEBTOR MUST HAVE AN INTERNET CONNECTION, THE LAST 4 DIGITS OF YOUR SOCIAL SECURITY NUMBER, A CHECKING OR SAVINGS ACCOUNT AND A VALID EMAIL ADDRESS.

NOTE: THE ePAY ONLINE PAYMENT SYSTEM IS ONLY AUTHORIZED FOR DEBTORS WITH A CONFIRMED BANKRUPTCY PLAN AND ARE NOT UNDER A WAGE DIRECTIVE. PLAN PAYMENTS MUST BE MADE VIA A MONEY ORDER OR CASHIER’S CHECK UNTIL THE PLAN IS CONFIRMED OR THE WAGE DIRECTIVE OR ACH PAYMENT OPTIONS COMMENCE.

MONEY ORDER OR CASHIER’S CHECK

DEBTORS MAY SEND CASHIER’S CHECKS AND MONEY ORDERS PAYABLE TO THE TRUSTEE. FUNDS MUST BE RECEIVED AT THE TRUSTEE’S BANK BY THE DEBTOR’S MONTHLY PAYMENT DATE. PERSONAL CHECKS ARE NOT ACCEPTABLE PAYMENTS IN CHAPTER 13 CASES.

ACH FORM

WAGE DIRECTIVE FORM

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