It's Over Chapter 13!!!

[bk2803]

I wanted to thank everyone on the forum for their insight and support that helped us successfully complete our Chapter 13 @ 18 mos early.
We were on a 100% payback, but had 2 large creditors that did not file claims. Sears @ 11K, Citibank @ 22k.
If you are considering chapter 13, I would recomend it. Even you payback 100%, it let's you start getting your life back together. It was not easy making the payments, but it was a big relief not getting the creditors phone calls any longer.

[jange]

Congratulations! It must be a big relief to complete it.

filed 1/11/10
confirmed 7/22/10

[jl37]

If you don't mind, what was your original amount of months and payment? Did you pay off early exclusively because of the 2 that creditors that did not file?

Thanks

[bk2803]

Our payments were 2300.00 per month and yes that was the difference. (give or take a few dollars) We finished payments in March and received a refund from the trustee, and now we received our discharge.

[bk2803]

We were set up for 60 months.

[cspa522]

You finished early? HOW?! Congrats!

[jl37]

Congrats! Out of curiosity was the 2300 all DMI or was it split amongst the 60 months based on the debt amount?

[bk2803]

The 2300.00 was based on 100% payback for 60 mos. When some creditors did not file, were able to pay all remaining creditors 100% and finsih the plan early.

[tigergem]

Cool! Congratulations! I have learned that you can finish a plan early in my district without 100% payback, by only paying the base amount of the plan in full. I'm pretty jazzed about that.

[spidge]

Congrats on your new freedom.

[Amadan]

Congrats and thanks for posting. Those of us who are just starting out really need the success stories to keep us going. I know I do...

[jsperk]

Congrats on the completing.

[ColoradoBell]

Congrats! Hip Hip Hooray!

[ColoradoBell]

Congrats! Hip Hip Hooray!

[NoTomatoCan]

Congrats! Now enjoy that extra $2,300 per month free and clear of your budget that you will have in your pocket every month!