The Court's form order granting motions to extend time to file schedules, statements, chapter 13 plans, or other required documents has been amended to change the possible deadline from two business days prior to the meeting of creditors to three business days prior to the meeting of creditors. The order now provides that the documents must be filed on or before the earlier of three business days before the meeting of creditors, a specified number of business days before any hearing on a motion to extend or impose the stay (the number of days depends on the judge assigned to the case), or a specific date as provided in the order. This change was made at the request of the trustees to assist them in preparing for meetings of creditors and will be effective for motions filed on or after March 1, 2019.
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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 6.25%, effective for cases filed on or after May 1, 2019. Operating Order 19-01 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.