(1) Unless the court orders otherwise, the
debtor shall commence making payments not later than 30 days after the
date of the filing of the plan or the order for relief, whichever is
earlier, in the amount--
(A) proposed by the plan to the trustee;
(B) scheduled in a lease of personal property
directly to the lessor for that portion of the obligation that becomes
due after the order for relief, reducing the payments under
subparagraph (A) by the amount so paid and providing the trustee with
evidence of such payment, including the amount and date of payment;
and
(C) that provides adequate protection
directly to a creditor holding an allowed claim secured by personal
property to the extent the claim is attributable to the purchase of
such property by the debtor for that portion of the obligation that
becomes due after the order for relief, reducing the payments under
subparagraph (A) by the amount so paid and providing the trustee with
evidence of such payment, including the amount and date of payment.
(2) A payment made under paragraph (1)(A) shall
be retained by the trustee until confirmation or denial of confirmation.
If a plan is confirmed, the trustee shall distribute any such payment in
accordance with the plan as soon as is practicable. If a plan is not
confirmed, the trustee shall return any such payments not previously
paid and not yet due and owing to creditors pursuant to paragraph (3) to
the debtor, after deducting any unpaid claim allowed under section
503(b).
(3) Subject to section 363, the court may, upon
notice and a hearing, modify, increase, or reduce the payments required
under this subsection pending confirmation of a plan.
(4) Not later than 60 days after the date of
filing of a case under this chapter, a debtor retaining possession of
personal property subject to a lease or securing a claim attributable in
whole or in part to the purchase price of such property shall provide
the lessor or secured creditor reasonable evidence of the maintenance of
any required insurance coverage with respect to the use or ownership of
such property and continue to do so for so long as the debtor retains
possession of such property.
(b) Before or at the time of each payment to creditors under the plan,
there shall be paid--
(1) any unpaid claim of the kind specified in section 507(a)(1)
of this title;
(2) if a standing trustee appointed under section 586(b) of title 28
is serving in the case, the percentage fee fixed for such standing
trustee under section 586(e)(1)(B) of title 28;
and
(3) if a chapter 7 trustee has been allowed
compensation due to the conversion or dismissal of the debtor's prior
case pursuant to section 707(b), and some portion of that compensation
remains unpaid in a case converted to this chapter or in the case
dismissed under section 707(b) and refiled under this chapter, the
amount of any such unpaid compensation, which shall be paid monthly--
(A) by prorating such amount over the
remaining duration of the plan; and
(B) by monthly payments not to exceed the
greater of--
(i) $25; or
(ii) the amount payable to unsecured
nonpriority creditors, as provided by the plan, multiplied by 5
percent, and the result divided by the number of months in the plan.
(c) Except as otherwise provided in the plan or in the order confirming
the plan, the trustee shall make payments to creditors under the plan.
(1) compensation referred to in subsection
(b)(3) is payable and may be collected by the trustee under that
paragraph, even if such amount has been discharged in a prior proceeding
under this title; and
(2) such compensation is payable in a case
under this chapter only to the extent permitted by subsection (b)(3).
