Posts Tagged ‘becomes’

When Chapter 7 becomes Chapter 13

Thursday, June 25th, 2009

When Chapter 7 becomes Chapter 13

Dear Bankruptcy Adviser,
I have filed for Chapter 7 after failing the income test but passing the means test. I was unemployed for four months and have $85,000 in unsecured debt that I have been barely paying off, and $500,000 on a secured debt associated with a house in foreclosure.
The problem is that for the last two months I have had (more…)