Rule 3002.1

Rule 3002.1 is a financial regulation in bankruptcy law that requires debtors to promptly pay certain debts secure or priority claims, such as mortgage or car loan payments, as they become due after filing for bankruptcy. This rule aims to help prevent unnecessary loss of property or assets that are essential to the debtor’s financial stability. Essentially, it ensures ongoing payments for secured debts continue smoothly during bankruptcy, minimizing disruption and protecting creditor interests, while allowing the debtor to reorganize their finances more effectively.