no money to make payments
Date: Tue, 03/10/2009 - 09:52
found this on the web.... Q: What do I do if I lose my job or
found this on the web....
Q: What do I do if I lose my job or change jobs?
A: Unless you're a "self-pay," you must contact the trustee right away and let him or her know. If you lose your job and do not know when you'll be employed again, you may continue to fund your plan on your own as a "self-pay" for as long as you can afford to. If you cannot afford to continue to fund your plan, see the next FAQ below . . .
Q: What if I miss a payment?
A: The trustee will move the Court to dismiss your case if you are more than 30 days late with a payment. But we are always free to contact the trustee's office to see if we can negotiate something to keep your plan alive in that situation.