The Chapter 13 Interest Rate Committee has met and recommended an increase to the presumptive interest rate in chapter 13 cases. After consideration, the Court has adopted the recommendation of the committee. The presumptive interest rate in chapter 13 cases to be applied to secured claims will become 6.00%, effective for cases filed on or after March 1, 2018. Operating Order 18-01 adopting the new interest rate is available here. The Court thanks the members of the Chapter 13 Interest Rate Committee for their work and recommendation.
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On Behalf of the Court
Notwithstanding the lapse in appropriations for the federal government, the federal judiciary, including our Bankruptcy Court, remains open and continues to provide all usual services. The Case Management/Electronic Case Files (CM/ECF) system is operational.
The Court will provide additional information as necessary.
The Court has received comments from some attorneys raising concerns about editing limitations in the fillable pdf version of the chapter 13 form plan available on the Court’s website. While the Court’s IT staff will continue efforts to make the fillable pdf form as user friendly as possible, there are unfortunately inherent limitations in the pdf version of the plan which may make editing it difficult. In the event that you experience difficulty using the fillable pdf version of the form plan, the Court recommends using either the Word or WordPerfect version of the form plan. Both are available on the Court’s website on the Local Forms page under the heading “Local Rules Forms.” Please note that due to licensing issues, the Court may not be able to provide future support for the WordPerfect version of the form plan.
The Court has also revised the chapter 13 form plan to correct a scrivener’s error in section 4.4. A check box has been added before the third, “Other Priority Debt” box. This change has been made to all available versions of the chapter 13 form plan.