S
ssgriffin
Guest
NC- Only paying min. on c.card debt($30 thou.). This month can't pay. $100 thou. mortg., $17 thou carloan, never been late on any, make $55 thou./year. Should I file this month or wait 6 months until close to garnishment and save the $700/month cc payment? More efficient to file early or late?
Should I choose 7 or 13?
I must keep my house/car, can I file 7 and make those excempt? Then just discharge the cc debt? Sounds good if works that way. If not;
In 13, what can I expect to pay of the $30 grand? Over three years 10%? I would be happy to pay $3grand over 3 years vs. 30 grand in 5 years.
Also, any guidelines for someone this early in the process with BK emminent.
Should I choose 7 or 13?
I must keep my house/car, can I file 7 and make those excempt? Then just discharge the cc debt? Sounds good if works that way. If not;
In 13, what can I expect to pay of the $30 grand? Over three years 10%? I would be happy to pay $3grand over 3 years vs. 30 grand in 5 years.
Also, any guidelines for someone this early in the process with BK emminent.