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Surrendering Rental Property Dilemma
Hello all. We filed a Chapter 13 two years ago come May, and we are in a 3 1/2 year plan (first it was a 36 month, then additional creditors showed up). We decided to accelerate with a high $2600/mo plan based on our children's ages and when they will be coming out of school. Our filing eliminated...
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Chapter 13, equity in our house, will that affect payment plan?
We're thinking that Chapter 7 won't work for us, as we have equity in our home and are worried about our business being looked at as an asset and then being sold off. If we do Chapter 13, we fall WAY below the means test and don't really have disposable income. Will they then look at the equity in our...
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