Rule 3015-4 Chapter 13 - Adequate Protection Payments.

For cases filed on or after October 17, 2005, the debtor must make pre-confirmation adequate protection payments as follows:

(a)     Adequate Protection Payments to Lessors.  Adequate protection payments to a lessor of personal property must be made by the debtor directly to the lessor if the debtor’s plan so provides. If the debtor’s plan provides for the lease payments to be made by the trustee, the debtor’s plan payments must be made timely so that the trustee may begin prompt distribution.

(b)     Adequate Protection Payments to Secured Creditors.  Pre-confirmation adequate protection payments to a secured creditor must be made by the debtor directly to the secured creditor if the debtor’s plan so provides. If the plan does not so provide, the adequate protection payments must be paid to the trustee and not directly to the secured creditor. The adequate protection payments must be made timely so that the trustee may begin prompt distribution.

(c)     Creditor Identification.  The debtor’s plan must separately identify by creditor name, address, account number, and monthly payment amount each creditor entitled to receive adequate protection payments.

(d)     Adequate Protection Payment Distribution.  The trustee will distribute pre-confirmation adequate protection payments to any creditor identified in the plan as receiving payments from trustee and for which a proof of claim has been filed, less the trustee’s statutory compensation and expenses, as soon as practicable after receipt of said payment from the debtor.

Part: 
Part III - Claims and Distribution to Creditors and Equity Interest Holders; Plans