we are having a hard time making our ch 13 payments and thinking a bout converting to ch7 from ch13 and wanting to keep our truck
We have a ch 7 bankruptsy we filed in 2003 and had to file ch13 in april o9 will we be able to convert to ch7 and keep our truck, my husband is working PT with the gas prices and food prices going up and other expenses it is getting harder to stay in the ch13 my ch7 will be off my crdit report in 2013 if i convert to ch7 will there be three bankruptsy on my report or will the ch13 change to ch7 thanks
If your husband is only working part time I have to ask, can you even afford to keep the gas guzzling vehicle at this time? I wonder if it is time t hand the truck back before you convert to a Chapter 7. This way you can get the fresh start you need while getting the maximum benefit from the upcoming Chapter 7 bankruptcy.
It seems the goal should be to utilize bankruptcy to get you the fresh start you need instead of just making this yet another year to struggle.
Please post your responses and follow-up messages to me on this in the comments section below.
How much is your Chapter 13 bankruptcy payment? If you were not paying that would you be able to get by?