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Unpaid Secured Claims converting from 13 to 7

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    Unpaid Secured Claims converting from 13 to 7

    Filed Chapter 13 late 2009. Mortgage lender filed claim for mortgage arrears. We made six months of trustee payments before filing Chapter 7 so most of the secured claim was paid by the trustee, all but $500. (Also, we've been conistently on-time with our post-petition mortgage payments.)

    We completed our 341 meeting for the chapter 7 few weeks ago. No mention has been made about that remaining $500 of the secured claim that didn't get paid in our chapter 13 plan.

    What can we expect from the mortgage lender?

    #2
    contact lender

    Hello appleae,

    I have no idea what is going to happen with the $500, but just remember that the lender has restrictions on contacting you due to the automatic stay. It is best that you make contact with them.

    Just a thought,

    Tom in Colo
    Ch7 filed 5/12/2010.....341 meeting 6/30/2010....report of no distribution 8/15/2010.....discharged 10/01/2010.....closed 11/09/2010

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