Question: Dear Steve, My husband and I are currently in a Chapter 13 bankruptcy (one year in). The attorney we got basically aimed to do things quick and easy and our payment is honestly killing us. I’ve had to stop re-filling my epilepsy medication because I can’t afford it! My husband has suffered health issues … Read more
“Dear Steve, My husband filed chapter 13 in Dec 2012 to save our home and we just cannot make the large payments….most of the bankruptcy payment is the house debt. Chase says we now owe $286k and our home is only valued and purchased at $254k. Should we surrender in chapter 13 we are 2 … Read more
“Dear Steve, Filled for chapter 13 2 years ago. Cant afford payments My fiancé filled for bankruptcy 2 years ago because him and his exwife maxed out the mortgage on his decreased parents house that was at one time paid off. The courts ruled that she didn’t have to pay a dime towards something She … Read more
“Dear Steve, I am currently under a Chapter 13 w/ a court (trustee) odered monthly payment. The trustee is seeking a dismissal based upon the wrong amount being paid every month however by their own documentation the submitted monthly payment matches what was ordered to date. In the beginning I was given an amount to … Read more
“Dear Steve, ON JAN 2001 I FILE CHAPTER 13 AND I STARTED MAKING MAKING ON IT ON FEB 2011. ON NOV 2011 I HAVE TO QUITE MY JOB BECAUSE OF MEDICAL REASONS. SO I CALL THE BANKRUPTCY OFFICE AND THEY TOLD ME THAT THEY WOULD WORK WITH ME, SO THEY TOLD ME THAT THEY WOULD … Read more
I am recently divorced and due to hardship filed for chapter 13 bankruptcy. After 5 months of negotiations with the trustee; it has now become questionable if I am able to do the chapter 13 and still make monthly ends meet. Based on the latest proposal from the trustee; I would need to pay approximately … Read more
“Dear Steve, My personal “definition” of bankruptcy goes something like this: you have fewer assets than liabilities and you contract with an attorney to negotiate payment/payoff options with your debtors, the plan is then presented to a judge for concurrence, and you begin making monthly payments to someone to satisfy your obligation. I thought, perhaps … Read more
“Dear Lewis, I filed bankruptcy (chapter 13) about 14 months ago and the payments were set very high (around 890 a month) and have had trouble ever since making payments. I have a mortgage that is about 7 or 8 years old and i had put my 4 acres of land up as collateral. I … Read more
“Dear Lewis, Currently in a chapter 13 bankruptcy. (will be 3 years in Aug.). I was working 2 jobs at the time of filing, my husband 1 job. We have a son age 17 a daughter age 22. They both live with us..daughter claimed her own dependent status last year on taxes..if full time student..the … Read more
“Dear Lewis, 60,000 in credit card dept, mortage is up to date,wages have gone down for both my wife and me. credit cards for two years used for food and gas after saving were gone in chapter 13 how do they figure your disposable income (fl) that you will pay creditors, and how can i … Read more
“Dear Steve, We have paid 15 months into chapter 13 bankruptcy. house payment went up , insurance went up, ex hasn’t paid child support which my attorney says isn’t figured into payment, but I can’t afford payments this high anymore, I can’t even buy a pair of shoes for my kids, what do I do. … Read more
I filed for chapter 13 in February 2006 with a payment plan that would pay off unsecured debts of credit cards, personal loans, and did a voluntary repossesion of my vehicle. The plan was for a dollar amount to be paid over 56 months. About April 2010 I recieved a letter from the Trustee stating … Read more
Helpless “Dear Steve, Brought 3 cars in 2 weeks in 2007. married truck driver. Job closed 1 year 2 months ago. New job less than half the income. 5 kids. parents took over 1 of the cars and the payment. bad credit. My wife and I went to a lawyer to file chapter 13. Altogether … Read more
“Dear Steve, All of our bad decisions are coming to a head. I am 8 months past on 30,000 in debt. One of the five creditors is sueing me. I would file chapter 13 but because my husband makes over the mean for our state I can not afford 633 a month in trustee payments. … Read more
“Dear Steve, Two years ago my husband filed a chapter 13 bankruptcy. The payment we were given is extremely high-really too high for us to live with. My husband filed with roughly 20k in unsecured debt, a 30k second mortgage and 7k in past due 1st mortgage payments. The attorney told my husband the payment … Read more