Has anybody decided to not file Chapter 13 at the last minute and been successful dealing with the creditors on your own.
I am thinking real hard about not filing and trying to battle my creditors one by one. I figure if they start to get judgements on me it would be no worse than a second BK showing on my credit report. At least I know I can only be garnished up to 15% of my pay here in IL. The biggest reason for filing was catching up on my car payment and my credit union said they will work with me on my delinquent amount. I'm thinking with the money I would have been given to the trustee every month I can just use it to settle with creditors. I have about 5 or 6 that all have balances less than $300 some even $200.
I'm just so confused and don't know what to do. *SIGH*
I am thinking real hard about not filing and trying to battle my creditors one by one. I figure if they start to get judgements on me it would be no worse than a second BK showing on my credit report. At least I know I can only be garnished up to 15% of my pay here in IL. The biggest reason for filing was catching up on my car payment and my credit union said they will work with me on my delinquent amount. I'm thinking with the money I would have been given to the trustee every month I can just use it to settle with creditors. I have about 5 or 6 that all have balances less than $300 some even $200.
I'm just so confused and don't know what to do. *SIGH*
Comment