General Questions, Car, House, Icome and Credit?
Hi,
Can you purchase or sell your home or car in a chapter 13?
How does Chapter 13 affect your credit? Is is building up your credit with the payments you make monthly or does your credit stay ruined until the end of your plan?
Can you pay this off early?
What determines if you get a 5 year plan vs a 3 yr plan? Is it the amt of debt or your median income?
How aggressively does the Trustee seek after increase income, how is this monitored? What if you can justify it with expenses such as car repairs etc?
Can you spend money? I may need a new computer, unexpected car repairs etc?
Can you purchase or sell your home or car in a chapter 13?
How does Chapter 13 affect your credit? Is is building up your credit with the payments you make monthly or does your credit stay ruined until the end of your plan?
Can you pay this off early?
What determines if you get a 5 year plan vs a 3 yr plan? Is it the amt of debt or your median income?
How aggressively does the Trustee seek after increase income, how is this monitored? What if you can justify it with expenses such as car repairs etc?
Can you spend money? I may need a new computer, unexpected car repairs etc?