i'm having a meeting with a second lawyer

[jenski]

tomorrow.

i have a lot of questions for him as i've been thinking alot of our situation and the questions just keep coming and coming.

i've read and read and read stuff here, different bk sites and on and on and on.

i'm still not clear on this:

in a 13, if we keep our 1st, 2nd, and car loans and pay them (they are current, not behind at all). WE WANT TO KEEP THESE. we have expenses - we'll list everything we can think of - utilities, gas, groc, ins, car ins, phone, cell phone, tv, internet, car repairs, license plates, clothing, shoes, eye glasses, medical, and on and on ... that will leave us with basically NOTHING, IF all the expenses are within range.

our median income is above the average for every state.

what will we file? 13 or 7?

i really haven't found a definite answer (about what happens if expenses and secured debts leaves you nothing to pay creditors in a ch 13)

[253BK]

if your above median then you should be looking at chapter 13 36 or 60 months what state are you in???

[jenski]

if your above median then you should be looking at chapter 13 36 or 60 months what state are you in???

colorado. but, i'm not expecting much disposable income (if any) after secured debts and expenses are paid.

[253BK]

as far as I know they will take what ever you have left over but not run you out of funds 100% I would talk with your laywer they should know best!

[krielly]

Jenski
Might I suggest posting your question in the General Bankruptcy section, and making the title "Question - 13 or 7??"

I think your question may get more attention that way..........

Good luck

K