Our plan was confirmed 10/05 (old law) and have made payments, but missed 4 over the years. The trustee finally caught it, yesterday got a letter for a motion for dismissal if I don't pay $3027 by 12/18. Our secured debtors have been paid 100% and the rest of the payments are paying the unsecured at a higher rate for the rest of the plan (11 months left).
What are your opinions? I could borrow the $3k from brother in law and struggle the rest of the 11 months. Or....convert to 7.
We have a small business with vehicles, and don't own any property.
What has been your experience if you have converted?
thanks in advance for your input.
What are your opinions? I could borrow the $3k from brother in law and struggle the rest of the 11 months. Or....convert to 7.
We have a small business with vehicles, and don't own any property.
What has been your experience if you have converted?
thanks in advance for your input.
