Can I file Chapter 7 since Cahpter 13 has been dismissed.

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Icon Mini Profile isacmar55




Joined: 04 Oct 2007

Posts: 25

12.78 Dollars($)
PostPosted: Fri Dec 28, 2007 9:11 pm    Post subject: Can I file Chapter 7 since Cahpter 13 has been dismissed.

My attorney is going to want to know if I want to appeal the dismissal of my Cchapter 13. What I really want to do is file for Chapter 7. I realize I will lose my condo and my car. Is this a good idea? The reason: I'm sick and tired of being stressed out from being over my head in debt.
Rosetta

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PostPosted: Mon Dec 31, 2007 12:21 am    Post subject:

Hi Isacmar,

I think you should be able to file Ch 7 if you have not filed Ch 7 within the past 8 years.
Icon Mini Profile Niicss
Niicss



Joined: 03 Oct 2005

Posts: 2620
Location: New Jersey
409.63 Dollars($)
PostPosted: Mon Dec 31, 2007 5:36 am    Post subject:

You may file Ch 7 if you have been dismissed from Ch 13. But it depends upon your financial condition and if you may pass the means test.

Even I think that chances of losing your condo and car are high. So, it will be better if you start looking for a home to rent with affordable monthly payments.

It will be better if you start it all over. Wish you good luck.

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