I am in Florida, I have been in a payment plan on a Ch 13 for over a year. The firsy year was hard. My monthly payment was more than I could afford. All the paperwork and number crunching didn't seem to matter to the Trustee. The paperwork said I could affor $2400 per month, so she made it $2900. Anyway, I was stealing from peter to pay paul by raising my W4 deduction and not paying my taxes. I decided I had to get rid of my car and buy a cash clunker. It will allow me to catch up.
My question is, what will happen to the defficit ($8000) from the sale of my vehicle and the actual loan amount?
Will they just add it to my payment plan?
The vehicle was in the bankruptcy but not in the payment plan.
Thank you.
My question is, what will happen to the defficit ($8000) from the sale of my vehicle and the actual loan amount?
Will they just add it to my payment plan?
The vehicle was in the bankruptcy but not in the payment plan.
Thank you.
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