Savings account, before and after filing?

[indygirl]

[shardena]

answer

File the chapter 7 and reaffirm the car. If you file a chapter 13, you will be in it for years. File the chapter 7 while you don't own a home yet. Once it's discharged then buy your home. I filed a chapter 13 and knowing what I know now, I would have filed a chapter 7 and got on with my life. AND DON'T OPEN A SAVINGS ACCOUNT UNTIL AFTER YOUR CHAPTER 7 IS DISCHARGED! The trustee will see it as more income. That attorney gave you terrible advise, so I would find another attorney.
Trust me!!!

[klux]

I can't agree more, do a 7. I did a Chapter 13 and was in it for 35 months and now i am in the process of converting it to a chapter 7. Things happen that change your life that you can't plan on, better to just get it done. One thing with a Chapter 13, you have to get permisison for everything you want to do and you can't get any credit. You can't start rebuilding your credit this way. I wish I would've went Chapter 7 from the beginning, I feel I wasted 3 years of my life. And if you are honest on your schedules and they take all your disposable income, trust me it sucks!!!!

[chicago57]

I agree too.. Chapter 13 is a nightmare...

I agree with everyone else... Chapter 13 was a nightmare... it's been over 3 mos. since I made my last payment and I'm still sending my monthly mortgage to the Trustee to pay and paying their fee to cut the check... They have been stalling with this "audit" to dismiss my case for months. I think it's a scam to make money off us poor chumps.. that don't have a say in the matter. My attorney totally agreed. He said he has clients that want to file a class action suit against this trustee. They still have 1600 of my money in there account and every month they keep telling me send the payment so we can make your mortgage pymt. Because these audits take long.. They had the final payment in December and just disbursed the money today... can you believe it.. They have been holding it.

The last payment I made they held for 2 months because they said the cashiers check was too large and they needed to wait 60 days for it to clear! I told them it's a cashiers check.. it's cash... right out of my bank account... It's not a personal check.

It's a scam to make money off the interest ... go for the 7 especially if you can.. if you had a house already it would be one thing... but I agree... my plan was suppose to be for 36 mos. I've just paid my 41st payment...and they told me to call back Monday to see if I have to send June's mortgage pymt. What a friggin joke.. :o