So , Unfortunately , had to convert from a 7 to a 13 due to too much equity in house . The question I have is , has anyone had their initial 13 plan payment changed due to amount of unsecured claims submitted . I had $56k in unsecured debt and only $35k of that was claimed by creditors . Confirmation hearing is set for the 27th of July , which will be continued , from what my Attorney told me .
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Conversion CH.7 to CH 13 question
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I believe the single largest dependency regarding the payment hinges upon whether you're in a 100% plan.Chapter 13 (not 100%):- Burned: AMEX, Chase, Citi, Wells Fargo, and South County Bank cum Bank of Southern California
- Filed: 26-Feb-2015
- MoC: 01-Mar-2015
- 1st Payment (posted): 23-Mar-2015
- 60th Payment (posted): 07-Feb-2020
- Discharged: 04-Mar-2020
- Closed: 23-Jun-2020
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I've seen 100% plans where not all creditors made a claim go two ways:- Lower payments
- Shorter duration of the plan.
Chapter 13 (not 100%):- Burned: AMEX, Chase, Citi, Wells Fargo, and South County Bank cum Bank of Southern California
- Filed: 26-Feb-2015
- MoC: 01-Mar-2015
- 1st Payment (posted): 23-Mar-2015
- 60th Payment (posted): 07-Feb-2020
- Discharged: 04-Mar-2020
- Closed: 23-Jun-2020
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