I'm in my 6month of a 60 month Chapter 13 plan. My mortgage payments and car payment is being paid outside the plan. I'm running about month behind on them right now because of Christmas and all. What will happen if i'm behind on these payments for a couple of months before I can get them caught up again?
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Nothing like shooting yourself in the foot
Basically, unless you get them caught up, the bank will foreclose and your car can be repo'd. However, you will know it is coming because the finance companies will have to file a motion to lift the automatic stay in your chapter 13.
My suggestion, be proactive about this, contact the mortgage company and the car company and get something worked out as soon as possible.
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