Chap 13 - Closing!!!!

[Sanandlou]

I wanted to jump back out here one more time and let everyone know we made it!

We paid 70% back and filed old law in 10/05. Our payments began at $620 every 2 weeks and then when our adjustable mortgage expired, (I know! APR! lol) it went to $752 bi-weekly. With the raises we received over the years and getting to keep our tax refunds, we made it just fine.

We paid our last payment to the trustee at the end of Sept. I got closing papers on Friday Oct 8th, a check for over payment of $1083.00 on 10/15 and back pay on my paycheck on 10/22. We have to wait the 90 days for the discharge to go through the court but since I'm getting ALL my paycheck again its WONDERFUL!

We paid our mortgage inside the plan and both of our vehicles made it through the 5 years. My 01 Honda Civic has 255,700 miles on it! Our credit is above 620 (we were checking into a refi to pay out of it early and decided to wait).

Me and my DH are 39/42 yrs old and have a new start. You can't beat it. We will refinance to a fixed mtg rate after discharge, hopefully buy some newer used cars with CASH and really start saving for retirement and the kid's college.

Thanks to everyone on this board. I SCOURED it daily at times to keep my sanity and wondered if I'd get through. And we did!

[Pandora]

Congrats on completing your plan! I cant wait until we can post the very same thing in 2015 LOL! (oh dear God.. that really puts it into perspective when you type the year you'll be finished!)

[Sunshine8127]

Congrats! Are you in Mid TN? My plan base is paid in full with my deduction last week and I've been curious how long it might take to stop the wage deduction. It seems my trustee is pretty on the ball with things and I'm thinking it might be fairly quickly after the last disbursement is made at the end of the month. Congratulations again! I know it's a long hard road

[MOMof3]

Congratulations!! What an accomplishment!
Question, since I also am paying my mortgage inside of my plan, when did you start making your mortgage payments again? Did the mortgage company contact you, or did you just start, or ??? I still have a little over a year to go, but never too early to start budgeting for maybe having to make a mortgage payment or two while my wages are still being garnished.

[soccermom]

Congratulations.....

[Nicollette]

Congrats on completing your plan

[newbegin]

Wonderful! Does'nt it give you a great sense of accomplishment, it did me.

[FishersMike]

Congratulations!

[Sanandlou]

Thank you! More southeast TN and the wage assignment ended the week after the last payment was made. So the last payment went in Sept 27th and i had my papers the that friday. My employer had already closed thier payroll for that period so I got it back at the following paycheck.

The mortgage payment is due Nov 14th. Already paid because of the overage check they sent me... BEAUTIFUL! it is such a wonderful feeling. Sometimes I just go look at my budget and gaze. I'm very afraid of messing up again but we got so used to living on the limited income that I feel loaded! Lol!

I remember thinking 2010 was foooorrreeeevvveeerrr!
Thanks for the congrats everyone!

[Carter]

I am so happy for you! I hear so many people fail. I can't wait until I can write in and celebrate mine being completed...20 months to go for me! I too remember thinking 5 years was foreverrrr!!!

[lrprn]

Fantastic news, SanandLou!! We love a

Ch 13 Discharge Party!!

Bring on the balloons and confetti! Way to go....you give hope to all of us 13ers that we can make it too!

[rexycar]

Congrats!

[fslady]

I'm a little late to the party but big Congratulations! It's quite an accomplishment.
I hope to have my own party in February 2012!

[Sunshine8127]

Thank you! More southeast TN and the wage assignment ended the week after the last payment was made. So the last payment went in Sept 27th and i had my papers the that friday. My employer had already closed thier payroll for that period so I got it back at the following paycheck.

The mortgage payment is due Nov 14th. Already paid because of the overage check they sent me... BEAUTIFUL! it is such a wonderful feeling. Sometimes I just go look at my budget and gaze. I'm very afraid of messing up again but we got so used to living on the limited income that I feel loaded! Lol!

I remember thinking 2010 was foooorrreeeevvveeerrr!
Thanks for the congrats everyone!

Thanks for the info! My Chapter 13 is now completed as of 11/1/10!!! Just saw the order to stop wage deduction on PACER. I am so happy! It wasn't an easy road, but it was a necessary one.

Thanks to all on this forum who's wonderful information helped me understand the ins and outs of what bankruptcy was all about.

[FishersMike]