chapter 13 and unsecured debt?
Sep 09, 2011
in
Chapter 13
I had a free consultation with a attorney today in ""Florida"". he states that a family of 5 with less than ,000 dollars in income can discharge all unsecured debt. He also stated that i can have the courts pay what is owed on my vehicle and repay my past mortgage payments and car off in 5 years through the trustee. Has anyone had a similar plan or know for sure this i true??
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2 comments
DEBRA P on September 9, 2011 at 9:47 am
There is a bunch of useful information like articles,pictures,videos here to help answer your quetion.http://debt-consolidation.featured-resources.info/australia-consolidation-debt-loan.html
Steven V on September 9, 2011 at 9:47 am
I would trust what your attorney tells you. After all they are licensed in this sort of thing. It sounds like the attorney was suggesting a "Chapter 20" bankruptcy. That’s where you combine both a Chapter 7, which eliminates all of your unsecured debts, with a Chapter 13, which allows for you to make up past due payments on your secured property.