I'M SCARED. My lawyer just told me I have to file a Chp13...

[justbroke]

Yes, they are saying I have $12,000 in unprotected assets (I told the assistant they could have them, I don't care) she also said my cash value on my life insurance policy is more than $1,000... It's $1,200

Just because you have non-exempt assets doesn't mean that you have to file Chapter 13. It just means that those assets are subject to liquidation by the Chapter 7 Trustee. You will need to decide if surrendering the non-exempt property is right for you or you'll need to do a 36-month Chapter 13 (since you're under-the-median income).

[Justme79]

They can have the "assets", The legal assistant said it would be a 5yr plan... I would love for it to be a 3yr plan.

I've read most of your posts justbroke , I'm learning so much about chp 13 from you, Thank you!

[justbroke]

They can have the "assets", The legal assistant said it would be a 5yr plan... I would love for it to be a 3yr plan.

That doesn't make any sense unless they are saying that "while you are under the median income and are only required to submit a plan for 36 months, we suggest 60 months to spread out the payments."

If you're not concerned about the assets then just repeat that to your attorney. However should you need a Chapter 13 (to protect property and assets), then you'll need to consider the Chapter 13.

[Justme79]

The assets can go, the money that they are assuming I'll get from the accidents can go, I just want to be FREE... period. Preferably a chp 7, but I'll take the chp 3 for 3yrs

I'm just ready to start.