I am thinking about filing for ch-13 tomorrow. I have about $50k in secured and unsecured debts. Additionally, my pay is being garnished. Filing for CH-13 is the only way I can pay these off. My question is at the end of a CH-13 will I still owe my creditors any additional money? I think a CH-13 only pays a portion of the debt. Any advice.
13...you will be put on a repayment schedule. What about a 7? With a 7 you will not have to repay. Do you own a home? If so, is it in default? Have you discussed this with an attorney? Best to speak with an attorney to find out what is right for you.
Yes, I have a home it is not in default. It is mostly credit card debt, a repo and installement loan. I have the income for repayment. I was separated from my husband and got behind on payments because my income was cut in half. I want to pay my debts, but I feel this is the only way out.
