How Much Will it Cost to Covert My Chapter 13 Bankruptcy to a Chapter 7? – Gilbert

“Dear Lewis,

I filed chapter 13 and can not afford to pay what was asked. The chpater 13 is being dismissed.

What do I need to do to file chapter 7, and what will be my cost?

Gilbert”

Dear Gilbert,

Why did you file chapter 13 to begin with? Did you not qualify for chapter 7 (too much income)? If so, what changed to make you think you qualify for chapter 7 now?

Has your income changed? Were you protecting assets before in chapter 13? If so, then you might lose those assets in chapter 7.

There are more considerations for converting to chapter 7, or filing chapter 7, than you couldn’t make the chapter 13 plan payment.

I urge you to sit down with the attorney you used for the chapter 13. If not, then you need to see one now to make sure chapter 7 is right for you.

Good luck!

My name is Lewis Roberts and I’m an attorney licensed in Florida and Georgia. My practice focus is consumer bankruptcy, real estate issues/closings, and mortgages. I also have Florida real estate broker and mortgage broker licenses. I am a proud member of the National Association of Consumer Bankruptcy Attorneys (NACBA), National Association of Consumer Attorneys (NACA), and a graduate of Max Gardner’s Bankruptcy Boot Camp. I enjoy helping people with decisions that impact their financial well-being.

Legal Disclaimer: This is for educational purposes only. It is not to be relied upon as legal advice. It also does not create an attorney-client relationship. No such relationship is formed with attorney without a written agreement.

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