Chapter 13 Plan and Notice of Deadline to Object

CHAPTER 13 PLAN - (VARIABLE RATE) & NOTICE OF DEADLINE TO OBJECT TO CONFIRMATION

REVISED 10/01/01

UNITED STATES BANKRUPTCY COURT

FOR THE DISTRICT OF COLUMBIA

IN RE: Chapter 13 Case No.:

SSN(S): Confirmation Hearing:

CHAPTER 13 PLAN - (VARIABLE RATE) & NOTICE OF DEADLINE TO OBJECT TO CONFIRMATION

THE FUTURE EARNINGS/INCOME OF THE DEBTOR ARE HEREBY SUBMITTED TO THE SUPERVISION/ CONTROL OF THE TRUSTEE, AND THE DEBTOR/EMPLOYER/INCOME SOURCE SHALL PAY TO THE TRUSTEE $ MONTHLY.

The debtor hereby authorizes and directs the employer/income source to comply with all Trustee's Directions by deducting and forwarding plan payments directly out of debtor's income source. The debtor shall commence proposed plan payments by money order beginning 30 days after the plan is filed and continuing each month until automatic payroll deductions begin.

EACH HOLDER OF AN ALLOWED SECURED CLAIM SHALL RETAIN ITS LIEN AS REQUIRED BY 11 U.S.C. §1325(a)(5)(B)(i), AND FROM THE PAYMENTS RECEIVED, THE TRUSTEE SHALL MAKE DISBURSEMENTS AS FOLLOWS:

A. 11 U.S.C. §507 PRIORITY CLAIMS: FULL 100% PAYMENT

B. 11 U.S.C. §1322(b)(5) CLAIMS: THE DEBTOR SHALL MAINTAIN POST-PETITION PAYMENTS DIRECTLY WHILE CASE IS PENDING AND THE TRUSTEE WILL CURE ALL PRE-PETITION ARREARS, COSTS, AND FEES OF THE FOLLOWING CLAIMS:

WITH FULL 100% PAYMENT:

WITH FULL 100% PAYMENT PLUS 7% POST-CONFIRMATION INTEREST PER ANNUM:

C. DIRECT PAYMENTS: THE DEBTOR SHALL PAY THE FOLLOWING 11 U.S.C. §1322(b)(5) CLAIMS AND ALLOWED SECURED CLAIMS DIRECTLY:

D. ALL REMAINING CLAIMS: ALL ALLOWED SECURED CLAIMS SHALL BE PAID IN FULL 100% PAYMENT PLUS 7% POST-CONFIRMATION INTEREST PER ANNUM AS REQUIRED BY 11 U.S.C. §1325(a)(5). ALL UNSECURED CLAIMS SHALL BE PAID 100%.

NAME: BAR #:

ADDRESS:

TELEPHONE #: FAX #:

DEADLINE TO FILE OBJECTIONS:

Objection to confirmation of the PLAN must be filed and served on debtor and Trustee either fifteen (15) days after the first date set for the Meeting of Creditors or, if later, forty (40) days after the date the plan is mailed to you. Objections to confirmation of an AMENDED PLAN must be filed and served on debtor and Trustee either twenty-five (25) days after the date the amended plan is mailed to you or, if later, the date for objecting to the original plan. Absent timely objections the Court may confirm the plan or amended plan without a hearing.

Certificate of Service

I hereby certify that a copy of the proposed Chapter 13 Plan has been mailed/faxed, postage pre-paid, on the date that appears below to all scheduled creditors; Cynthia A. Niklas, Esq., Chapter 13 Trustee, 4545 42nd St, NW #211, WDC 20016-4623, Fax # 202 362-3487; IRS, POB 1076, SPS, Baltimore, MD 21201; Fax # 410 962-2025 DC Gov't, Office of Tax & Revenue, Collection Div., 941 N. Capitol St., NE, 5th Floor, WDC 20002; Fax # 202 727-8967; US Attorney, DC, Civil Division, Financial Litigation, 555 4th St., NW, Rm. 10-314, WDC 20001.