Claim amount vs. scheduled amount

[StepDad]

What is the name of your state? IL

I filed a 13 in October, so we are past the 90 day claim date. The National Data Center website shows my schedule amount as $38,000 and my actual claim amount as $28,000. My payment schedule is based on the schedule amount (I am paying back 100% to all creditors). My question is what happens once the $28,000 in claims is paid? If I was paying less than 100% I would assume that the percentages would be readjusted and I would keep making payments while all the creditors that made claims would get a bigger percentage. Since everyone is already getting 100%, will I be discharged after the $28,000 claim amount is satisfied? Thank you for any help in understanding this.

 

[Ladynred]

Minimum term for a Ch 13 is 3 years. Don't forget you also have to pay the Trustee's admin fees on top of the 100% you're paying back to creditors. You're only paying back 100% to those unsecured creditors who filed a proof of claim. Those who did not file a claim will not get paid and the debt will be discharged at the close of your Ch 13.