13 dismissal- what about van?

[obie]

What is the name of your state?NY

I am in a ch 13 due to mortgage arrears, 1 year into it. I am now going to get a dismissal, because my mortgage company is willing to modify my mortgage thru the HUD program, which puts my arrearage into a new loan, but you cant be in bankrupcy, so thats why I'm dismissing it. We couldnt do this origanally because our income wasnt high enough, now it is.

Question-I have my van in there too, which was never late, but we were forced to include it. we had a 14,000 bal last year when we filed. so if we dismiss, what happens with the van, do I just start making the payments like i used too, or will they want it back, because I've been in BK for a year and technically have'nt made a payment to them??

[JETX]

Talk to the lender. They may agree to start your payments over anew.... or more likely ask that you make a large payment to make up for the loss in security value for the year older vehicle. Or they may insist you pay the entire note now.