43 months to go

[jennm8911]

We have a 5% plan and stripping our second mortgage. Our plan base is $24,400 we have already paid in $8752 we now only owe $4795 in unsecured debt. What does the trustee do with the
additional amount we will have an extra $14000? Will these raise our percentage on payback.

[BNKRPTinNC]

We have a 5% plan and stripping our second mortgage. Our plan base is $24,400 we have already paid in $8752 we now only owe $4795 in unsecured debt. What does the trustee do with the
additional amount we will have an extra $14000? Will these raise our percentage on payback.

I do believe you have answered your question. As far as I know, once all secured has been paid then unsecured will get the rest. Don't rely on the plan base as etched in stone or % to unsecured because either can change (ask me how I know). Whatever plan you are in be it 3 or 5 years there is no early out unless you have paid back 100% of all submitted claims.

[jennm8911]

We are in a five year plan. As long as they don't raise our payment were good but five years is a long time to pay.

[dmc-2008]

We are in the exact same club! Good luck!

[dmc-2008]

Oh and it's no longer than a car payment ,,, if that helps some

[BNKRPTinNC]

We are in a five year plan. As long as they don't raise our payment were good but five years is a long time to pay.

True enough. Approach it with the mind set that you started with a mountain of debt and it's all down hill.

[LadyInTheRed]

We are in a five year plan. As long as they don't raise our payment were good but five years is a long time to pay.

Your over 25% done!

[dmc-2008]

Half way before we know it hopefully!!!