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Trustee really care if you let house go?

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    Trustee really care if you let house go?

    If the Trustee asks what I plan to do with the home does he really care in Chp 7? Meaning once the 60 days is up I could walk or keep paying. I haven't decided yet or do they decide for me?
    "I'm old enough to know better, but too young to care"
    Filed Chapter 7 January 25th 2010
    341 Hearing March 4th 2010
    Discharged May 10th 2010

    #2
    They only care if you letting the house go will free up enough income to fund a CH 13. It is more complicated than that, but that is the bottom line.
    11-20-09-- Filed Chapter 7
    12-23-09-- 341 Meeting-Early Christmas Gift?
    3-9-10--Discharged

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      #3
      So I would not suggest you tell him your considering letting it go. Once your discharged you can make that decision.
      Stopped Paying CC's 2/2009. Retained Attorney 1/10/2010 Filed 1/23/2010. Discharged 5/19/10 $187K CC, $240K 2nd,$417K 1st, No asset Ch-7

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        #4
        So I am actually thinking of keeping it, I don't think they would let me do a 13 since I have 450k just in unsecured.
        "I'm old enough to know better, but too young to care"
        Filed Chapter 7 January 25th 2010
        341 Hearing March 4th 2010
        Discharged May 10th 2010

        Comment

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