We declared chapter 13 in late 2007. Our debt, other than 2 cars is unsecured. We lost the house prior to filing chapter 13. We were not allowed to go with chapter 7 due to income.
I moved from Detroit, MI to NW Chicago 10/2008 to take a better paying job. As it turned out the new company forced me to take a 20% cut in pay or take a layoff about 3 months after starting the job. Also, my wife found out she is unable to work due to health issues. She did not make a significant amount of money anyway.
The bottom line is that I fall just below the median income for Illinois now. We would like to give up the only secured items, the 2 cars, and convert to a 7.
We believe it is a fairly simple process of simply:
1. Sending a motion to convert from a 13 to a 7,
2. Sending in forms I and J to verify expenses and income.
3. Sending in copies of check stubs for 6 months.
Is there any other advice that someone can give to help us do this ourselves as well as any specific advice on filing the motion in Michigan? Do we send the motion to the trustee only or do we send it to creditors too? Is there specific wording that needs to go on the motion.
Are we missing anything on this?
I moved from Detroit, MI to NW Chicago 10/2008 to take a better paying job. As it turned out the new company forced me to take a 20% cut in pay or take a layoff about 3 months after starting the job. Also, my wife found out she is unable to work due to health issues. She did not make a significant amount of money anyway.
The bottom line is that I fall just below the median income for Illinois now. We would like to give up the only secured items, the 2 cars, and convert to a 7.
We believe it is a fairly simple process of simply:
1. Sending a motion to convert from a 13 to a 7,
2. Sending in forms I and J to verify expenses and income.
3. Sending in copies of check stubs for 6 months.
Is there any other advice that someone can give to help us do this ourselves as well as any specific advice on filing the motion in Michigan? Do we send the motion to the trustee only or do we send it to creditors too? Is there specific wording that needs to go on the motion.
Are we missing anything on this?
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