Lost my job a few years back. Got behind on my mortgage & my already high interest car payment. Filed Ch. 13 in 2011 after starting another job that wasn’t paying a lot. Now I’m working making better money but I don’t have a lot of money left after paying my bankruptcy payment.
Can I file a Ch.7 bankruptcy and just give the house and car back while in a Ch.13? I filed a Ch.13 to save my house and car for my children’s comfortability. I feel that keeping the house and car is not worth it and I’m still drowning trying to provide food on the table. I feel that I can let it all go rent a house similar to mine in the exact neighborhood and purchase a cheap vehicle for a year or two. Is that the wrong way to approach it?
If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.I Want to Give My House and Car Back and File a Chapter 7 Bankruptcy? - Sasha by Steve Rhode