If your expenses are higher than your income, there is a “presumption of unjustified hardness.” In essence, this means that, at least on paper, it seems that monthly car payment can be a harshness because you don`t earn enough money to cover your expenses. It`s actually quite common, so if it`s you, not freak out. Instead, explain to the court why and how you think you will be able to make car payments in a timely manner anyway in response to question 9. Any confirmation agreement must be concluded before launch. If you are about to confirm a debt and you believe it will not be deposited until the discharge period expires, notify the registry in writing to delay the opening of the discharge until confirmation is submitted. This one is filled by the bank. Its role is to check them carefully, as it determines the full terms of the agreement, gives instructions to the debtor and answers certain frequently asked questions. This rule is amended to comply with the provisions of the code as amended in 1986. A hearing under Article 524, point (d), is not mandatory unless the debtor wishes to enter into a confirmation agreement. You must attend a hearing with the judge to approve this agreement. Once an agreement has been approved by the court, the debts to the creditor will survive your bankruptcy. The creditor may not send you an invoice, so it is important to make your payments on time. Start paying as soon as you have entered into the confirmation agreement and check the monthly due date in your calendar or billing system so as not to delay that debt.
Carefully check the movement and the sign and the date indicated at the bottom of the movement. Activate this box if you have not had a lawyer to assist you in the confirmation agreement: the court is not required to approve a confirmation agreement applicable to consumer debts guaranteed by real estate. This applies to all mortgages on your home or other debts that are guaranteed by your home. In addition, the Court does not approve confirmation agreements between debtors and credit unions. They are filed and are part of the minutes without being heard. B – your expenses, excluding the payment of the vehicle – the number at the 6f line of the cover page minus the number of the 6g line of the cover sheet. A confirmation agreement is considered defective if Part E is not completed. If a concluded part E is not presented within the default period (15 days), the agreement is affected.