2 more dependents added during 13 should I redo the plan? 30/60 halfway

[5yrplan]

I'm wondering if I should try to get lower plan payments halfway thru my C13 repayment plan. I'm no where near a 100% plan more like 40%. Maybe convert to a 7? I don't want to lose my home equity of $60-$80K. Also my non dependent daughter is paying $500 mo. to live with me but this wasn't reported in the plan or at the 341. What do you think? Calling or writing to my lawyer doesn't get a response. TIA

[despritfreya]

Your post from 2017

https://www.bkforum.com/forum/before-the-discharge/chapter-13/1018499-plan-amended-by-trustee-after-341-meeting

seems to suggest that you cannot lower your Plan payment as it appears you were required to increase it to cover the non-exempt equity in your property. Unfortunately, adding dependents does not mean you get to lower your Plan payment. If you wish to continue to keep your non-exempt assets, you are required to pay to your creditors what they would have received had you filed a Chapter 7.

If you initially qualified for a Chapter 7 and no longer wish to protect the non-exempt assets then you might be able to convert.

Your best course of action is to talk to your attny.

Des.

[justbroke]

If you initially qualified for a Chapter 7 and no longer wish to protect the non-exempt assets then you might be able to convert.

That is the answer.

I am thanking that despritfreya took the time to look up the old post, because I wouldn't have remembered about the non-exempt asset part.

[5yrplan]

Lawyer says it's best to leave it as is. Thanks

[5yrplan]

I was hoping they'd recalculate my disposable income to lower my plan payment. Oh well just 30 payments to go...........