How much does it cost to convert the case to chapter 7?

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Q. How hard is a transition to chapter 7 from 13 in California? How much does it cost to convert the case to chapter 7?

A. That would definitely throw us into Chapter 7 catagory with maybe $100 left after all expenses. Before you think that filing later on will be better, you might want to read the article that Brett found and posted above under the subject heading "What's Wrong With BARF (Bankruptcy Reform)" It sure looks like the bankruptcy picture is going to get much worse fairly soon. Some of what you wrote was hard to follow. But it sounds like you can't afford to keep your debts current now on 2 incomes, but you will be moving to a higher rent place and then quitting your job. In the meantime, you want to be able to pay off some smaller credit cards, and you are wondering if you will be able to stall the $23,000 potential lawsuit. All of this might make some sense if the new bankruptcy law wasn't looming on the horizon, but it is. So, while this may sound strange to ask, what is the real incentive for you to continue working for another 8 to 12 months and THEN quit your job? It just seems that any money you earn in the next 8-12 months is going to go toward paying dischargeable debts and generally treading water. You won't be able to save money because any money you save will probably be taken by the trustee when you file, right? If you expect to file anyway, wouldn't it make sense to just leave your job sooner for personal reasons, let your creditors go forward with any lawsuits they want to file, move into your new place if that's your plan, and then file a Chapter 7 sometime soon before the new law is passed or goes into effect?

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