It appears likely that we are headed to a chapter 7 conversion. Once confirmed, does anyone know what happens to your credit score. We've been in a ch. 13 for 26 mths. and our scores are 662-684. How will the conversion hurt that? I ask because it appears we would be better off letting the 2006 Chrysler T&C go back, then keep it. We bought it w/ 0% interest but still owe $16k and it's worth $12k.
Another question. Is converting the same as starting over? I mean do we go thru the debt counseling, past 6 mths. income, etc?
Another question. Is converting the same as starting over? I mean do we go thru the debt counseling, past 6 mths. income, etc?