You're viewing Docket Item 2 from the case Scott Patrick O'Kane. View the full docket and case details.

Download this document:

Case 13-46492 Doc 2 Filed 07/16/13 Entered 07/16/13 16:20:23 Main Document

Pg 1 of 3

United States Bankruptcy CourtEastern District of MissouriIn reScott Patrick O'KaneCase No.Debtor(s)Chapter13CHAPTER 13 PLAN1.Payments to the Trustee: The future earnings or other future income of the Debtor is submitted to the supervision and control ofthe trustee. The Debtor (or the Debtor's employer) shall pay to the trustee the sum of $0.00 per month for 0 months.Total of plan payments: $0.002.Plan Length: This plan is estimated to be for 0 months.3.Allowed claims against the Debtor shall be paid in accordance with the provisions of the Bankruptcy Code and this Plan.a.Secured creditors shall retain their mortgage, lien or security interest in collateral until the earlier of (a) the payment of theunderlying debt determined under nonbankruptcy law, or (b) discharge under 11 U.S.C. § 1328.b.Creditors who have co-signers, co-makers, or guarantors ("Co-Obligors") from whom they are enjoined from collection under11 U.S.C. § 1301, and which are separately classified and shall file their claims, including all of the contractual interest whichis due or will become due during the consummation of the Plan, and payment of the amount specified in the proof of claim tothe creditor shall constitute full payment of the debt as to the Debtor and any Co-Obligor.c.All priority creditors under 11 U.S.C. § 507 shall be paid in full in deferred cash payments.4.From the payments received under the plan, the trustee shall make disbursements as follows:a.Administrative Expenses(1) Trustee's Fee: 10.00%(2) Attorney's Fee (unpaid portion): NONE(3) Filing Fee (unpaid portion): NONEb.Priority Claims under 11 U.S.C. § 507(1) Domestic Support Obligations(a) Debtor is required to pay all post-petition domestic support obligations directly to the holder of the claim.(b) The name(s) and address(es) of the holder of any domestic support obligation are as follows. See 11 U.S.C. §§101(14A) and 1302(b)(6).-NONE-(c) Anticipated Domestic Support Obligation Arrearage Claims. Unless otherwise specified in this Plan, priority claimsunder 11 U.S.C. § 507(a)(1) will be paid in full pursuant to 11 U.S.C. § 1322(a)(2). These claims will be paid at the sametime as claims secured by personal property, arrearage claims secured by real property, and arrearage claims for assumedleases or executory contracts.Creditor (Name and Address)Estimated arrearage claimProjected monthly arrearage payment-NONE-(d) Pursuant to §§ 507(a)(1)(B) and 1322(a)(4), the following domestic support obligation claims are assigned to, owedto, or recoverable by a governmental unit.Claimant and proposed treatment:-NONE-(2) Other Priority Claims.NameAmount of ClaimInterest Rate (If specified)Lisa Burke0.000.00%Software Copyright (c) 1996-2013 Best Case, LLC - Best Case BankruptcyCase 13-46492 Doc 2 Filed 07/16/13 Entered 07/16/13 16:20:23 Main Document

Pg 2 of 3

NameAmount of ClaimInterest Rate (If specified)St. Louis County500.000.00%St. Louis County Collector of Revenue7,059.110.00%c.Secured Claims(1) Pre-Confirmation Adequate Protection Payments. Pre-confirmation adequate protection payments to the followingCreditors holding allowed claims secured by a purchase money security interest in personal property shall be paid by theTrustee through the plan as provided below. Adequate protection payments shall not accrue or be paid until the Creditor filesa proof of claim. The principal amount of the Creditor's claim shall be reduced by the amount of the adequate protectionpayments remitted.NameDescription of CollateralPre-Confirmation Monthly Payment-NONE-(2) Secured Debts Which Will Not Extend Beyond the Length of the Plan(a) Secured Claims Subject to Valuation Under § 506. The Debtor moves the Court to value collateral as followsaccording to 11 U.S.C. § 506(a). Each of the following secured claims, if allowed, shall be paid through the plan in equalmonthly payments set forth below, until the secured value or the amount of the claim, whichever is less, has been paid infull. Any remaining portion of the allowed claim shall be treated as a general unsecured claim. Any claim with a securedvalue of $0 shall be treated as a general unsecured claim.NameProposed Amount ofAllowed Secured Claim Monthly PaymentInterest Rate (If specified)OneMain Financial79,900.000.000.00%Santander Consumer USA13,850.000.000.00%(b) Secured Claims Not Subject to Valuation Under § 506. Each of the following claims, if allowed, shall be paidthrough the plan in equal monthly payments set forth below, until the amount of the claim as set forth in the Creditor'sproof of claim has been paid in full.NameProposed Amount ofAllowed Secured Claim Monthly PaymentInterest Rate (If specified)-NONE-(3) Secured Debts Which Will Extend Beyond the Length of the PlanNameAmount of Claim Monthly PaymentInterest Rate (If specified)-NONE-d.Unsecured Claims(1) Special Nonpriority Unsecured: Debts which are co-signed or are non-dischargeable shall be paid in full (100%).NameAmount of ClaimInterest Rate (If specified)-NONE-(2)General Nonpriority Unsecured: Other unsecured debts shall be paid 0 cents on the dollar and paid pro rata, with nointerest if the creditor has no Co-obligors, provided that where the amount or balance of any unsecured claim is less than$10.00 it may be paid in full.5.The Debtor proposes to cure defaults to the following creditors by means of monthly payments by the trustee:CreditorAmount of Default to be CuredInterest Rate (If specified)-NONE-6.The Debtor shall make regular payments directly to the following creditors:NameAmount of Claim Monthly PaymentInterest Rate (If specified)-NONE-7.The employer on whom the Court will be requested to order payment withheld from earnings is:NONE. Payments to be made directly by debtor without wage deduction.Software Copyright (c) 1996-2013 Best Case, LLC - Best Case BankruptcyCase 13-46492 Doc 2 Filed 07/16/13 Entered 07/16/13 16:20:23 Main Document

Pg 3 of 3

8.The following executory contracts of the debtor are rejected:Other PartyDescription of Contract or Lease-NONE-9.Property to Be Surrendered to Secured CreditorNameAmount of ClaimDescription of Property-NONE-10.The following liens shall be avoided pursuant to 11 U.S.C. § 522(f), or other applicable sections of the Bankruptcy Code:NameAmount of ClaimDescription of Property-NONE-11.Title to the Debtor's property shall revest in debtor on confirmation of a plan.12.As used herein, the term "Debtor" shall include both debtors in a joint case.13.Other Provisions:DateJuly 12, 2013Signature/s/ Scott Patrick O'KaneScott Patrick O'KaneDebtorSoftware Copyright (c) 1996-2013 Best Case, LLC - Best Case Bankruptcy