new here with some questions
Find a Conversation
|Tue, 03-03-2009 - 6:29pm|
Hi everyone, DH and I are currently trying to decide whether it would be best for us to file Chapter 13. I just have some questions and would like some opinions, ideas to give us a better idea of what we are looking at if we decide to go this route.
Do you have to be behind in your payments in order to file? We are currently up to date with all payments, but we are sometimes not able to buy food after paying all the bills. We end up putting it on a CC which just adds to the problem.
Do we have to get rid of our vehicle? DH has a 07 Jeep, he would like to keep it, payment is 347/mo. I have a lease that is 397/mo but is up in May. I will be getting a much less expensive car, will I be able to do this if in the middle of bankruptcy? Will they make us sell DHs Jeep? He will probably lose money on it if he has to do that.
How does the pay back work? I have read that it is 3-5 yrs, how do they determine the % you pay back, is there interest?
We are thinking of scheduling a consultation with an attorney, what is the general cost of that? Will they