Debtor files Chapter 13 bankruptcy to save home with one mortgage w/ balance of approx $300k and property value of $190k. Debtor five months in default at time of petition and proposes plan maintaining regular mortgage payment and cures default over 60 months. Debtor is current in plan payments but mortgagee files motion for stay…
If he is buying a car on a loan, absolutely before filing is when to do it. That ups his expenses and also he may be able to get better terms now then immediately after filing, plus cases can hang open longer then expected and he will not be able to purchase a car while…
Debtor files Chapter 13 bankruptcy to save home with one mortgage w/ balance of approx $300k and property value of $190k. Debtor five months in default at time of petition and proposes plan maintaining regular mortgage payment and cures default over 60 months. Debtor is current in plan payments but mortgagee files motion for stay…
If he is buying a car on a loan, absolutely before filing is when to do it. That ups his expenses and also he may be able to get better terms now then immediately after filing, plus cases can hang open longer then expected and he will not be able to purchase a car while…