Finance Q&A

Can I go ahead and get out now with no problems (I've been in the chapter 13 four years now all debt is paid but the secured)?

Edwards Finance > Debt Consolidate

Q. I've been in the chapter 13 four years now all debt is paid but the secured . My question is Can I go ahead and get out now with no problems?

A. I'm assuming that you mean that all of the debt is paid except for the *un*secured. Were you to dismiss your case now, all your unsecured creditors could now go after you for the full balance due (including interest, late fees, etc. incurred during the period of the bankruptcy). Discuss this with your attorney *before* doing anything.

 


Ask Edwards a Finance Question

 

Other Questions:

Does anyone have a mathematical formula for debt reduction?

Does anyone have a mathematical formula for debt reduction? I'm trying to decide whether to pay of a credit card, time-share loan, or home equity loan first. I don't want to pay for a service to figure this for me. I want to do it myself.There i...

Can I go ahead and get out now with no problems (I've been in the chapter 13 four years now all debt is paid but the secured)?

I've been in the chapter 13 four years now all debt is paid but the secured . My question is Can I go ahead and get out now with no problems?I'm assuming that you mean that all of the debt is paid except for the *un*secured. Were you to dismiss y...

Self Help Debt Reduction

Since the government is unable to supply reserves in northern Ontario with safe drinking water, maybe the reserves should apply for help from UNICEF. That is certainly the sort of thing UNICEF does. And if UNICEF answers the call, it would serve t...

how I should plan for my Universal Debt Reduction?

would like to get a few suggestions on how I should plan for my savings/retirement. Yes, I do have a clue as to what I want to do, so no flames please. If you would please cc responses by email so I can be sure to review all of them. Situatio...

Anybody have experience with unsecured Debt Relief

Does anyone have info on recent developments regarding the tax liability on forgiven debt? Last I heard, somebody was working on a change in legislation in Congress. Did anything ever happen? Got a call yesterday from an owner who currently...

 

Edwards Finance Menu

Ask a Question
About Us / Me
Contact Me
Privacy Policy

Sitemap

My Favorite Sites

PFBlog
Google Finance
Yahoo Finance
Motley Fool
Nveille's Financial Blog
AllFinanceMatters
Free Money Finance
2MillionBlog
The Terror Finance blog

Q&A Subjects

General Engineering
Personal Budget
Computer Engineering
Refinance
Bad Credit
Repossess
Debt Management
Home Equity