What is the name of your state? Alabama/but filed old law 13 in Indiana
My husband and I have been paying on a Chapter13 since April. The lawyer talked us into 13 to keep 2 vehicles. We gave up the old farm house anyway since the upkeep was eating us alive. Our 98 Yukon has 185,000 miles on it, our 94 Olds has a 130,00 on it. Since we have no property and our unsecured debts are over 70,000.00 does it make sense to stay in a 13? I am in bad health and cannot work and our yearly income is 50,000. Can we convert to a Chapter 7. Would it make more sense? except for the two vehicles, everything else is unsecured credit cards and medical bills. Thanks for any advice.
My husband and I have been paying on a Chapter13 since April. The lawyer talked us into 13 to keep 2 vehicles. We gave up the old farm house anyway since the upkeep was eating us alive. Our 98 Yukon has 185,000 miles on it, our 94 Olds has a 130,00 on it. Since we have no property and our unsecured debts are over 70,000.00 does it make sense to stay in a 13? I am in bad health and cannot work and our yearly income is 50,000. Can we convert to a Chapter 7. Would it make more sense? except for the two vehicles, everything else is unsecured credit cards and medical bills. Thanks for any advice.