In Hawaii, Chapter 13 plans are what known as “pot plans”. This means Chapter 13 Debtor promises to pay a certain amount of money over the plan duration. This contrasts with a “percentage plan” where the Debtor promises to pay a certain percentage of the unsecured debt.

In the 9th Circuit, Chapter 13 Debtors are allowed to pay off their Chapter 13 plans early by paying off what ever is remaining to be paid into the pot. Popular ways to do this through cash out refi or gifts from family.

So if you’re tired of making plan payments and have access to money that can be used to pay off you plan, contact your attorney about the balance and what else needs to be done.