This is what a lawyer told me....
I visited a lawyer today who is well reknown in my area. This lwayer has more than 20 years of experience, appears on TV & radio programs and seems to be pretty good.
I explained to him that i would like to ERASE all unsecured debts (100%) and just keep paying for my car (i currently owe the same amount that its worth in the market)
To make the long story short, he told me to go with chapter 13. That way all my unsecured debt will be wiped out and he can help me refinance the car in order to keep.
Since i am constantly checking and reading all over the internet, so far i havent found any article assuring that chapter 13 can do that which makes me doubt...
Can somebody PLEASE confirm if he is right? Can chapter 13 allow me to keep my car and erase all my unsecured debt (100%)?
Thanks for your imput.
I explained to him that i would like to ERASE all unsecured debts (100%) and just keep paying for my car (i currently owe the same amount that its worth in the market)
To make the long story short, he told me to go with chapter 13. That way all my unsecured debt will be wiped out and he can help me refinance the car in order to keep.
Since i am constantly checking and reading all over the internet, so far i havent found any article assuring that chapter 13 can do that which makes me doubt...
Can somebody PLEASE confirm if he is right? Can chapter 13 allow me to keep my car and erase all my unsecured debt (100%)?
Thanks for your imput.