Hello everyone....just an update on my bk 13. Had my 341 hearing yesterday...smooth as silk. Turns out my attny is very well-known to bk tt and has a great rep with them. Very precise with numbers & follows the bk law to the letter.
Particulars: d/c almost 1/2 million in debts including $131,000 unsecured 2nd mortg with Greentree. Priority & secured debts to be payed in plan: $3500 in back taxes, $2000 attny, $21000 for balance owed on 2012 tacoma, plus tt fee & administrative costs for a total plan payment of $825/mo for 36/mos. Nothing to unsecured & judge already approved lien-strip with Greentree(no contest from them).
Was able to exempt 2000 lexus, '96 RV, $3500 2012 income tax refund & lowered my int rate on Tacoma from 9% to 6%(will be paid off in plan), plus $60,000 in personal IRA. Ain't CA grand?
Signed-up for auto-payment & I'm finished. Unbelievable! Take heart, this can be done.
Interesting side-note: According to my attny, the BK business has slowed way down, thinking about retiring in near future. 341 hearing court-room only about 15 people in attendance & that included their attorneys!
Just goes to show what a great attny and the knowledge gained from studying this forum can accomplish. Thank you one and all!
Particulars: d/c almost 1/2 million in debts including $131,000 unsecured 2nd mortg with Greentree. Priority & secured debts to be payed in plan: $3500 in back taxes, $2000 attny, $21000 for balance owed on 2012 tacoma, plus tt fee & administrative costs for a total plan payment of $825/mo for 36/mos. Nothing to unsecured & judge already approved lien-strip with Greentree(no contest from them).
Was able to exempt 2000 lexus, '96 RV, $3500 2012 income tax refund & lowered my int rate on Tacoma from 9% to 6%(will be paid off in plan), plus $60,000 in personal IRA. Ain't CA grand?
Signed-up for auto-payment & I'm finished. Unbelievable! Take heart, this can be done.
Interesting side-note: According to my attny, the BK business has slowed way down, thinking about retiring in near future. 341 hearing court-room only about 15 people in attendance & that included their attorneys!
Just goes to show what a great attny and the knowledge gained from studying this forum can accomplish. Thank you one and all!
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