LOCAL RULES
UNITED STATES BANKRUPTCY COURT
FOR THE WESTERN DISTRICT OF OKLAHOMA

PART III CLAIMS AND DISTRIBUTION TO CREDITORS AND EQUITY INTEREST HOLDERS; PLANS

RULE 3010-1 DIVIDENDS

A. DeMinimus Distributions. Chapter 12 and 13 trustees may distribute payments in amounts less than $15.00 to creditors without order of the Court.

B. Satisfaction of Claim. Upon satisfactory proof to the chapter 12 or 13 trustee that a claim is fully satisfied, the payments that would have otherwise been made on that claim may be distributed by the trustee to holders of other allowed claims provided for by the confirmed plan without requiring modification of the plan.

Contact Us Today Risk Free!

(405) 213-1919