Good Morning Everyone,
I am currently in a Chapter 13; have made 26 payments; 34 to go.
I talked to my brother on Wednesday. He told me that the attorney handling my mom's estate is sending me 2 insurance checks (I was named as co-beneficary on 2 insurance policies). The total for the insurance proceeds is $8,500 and I have already received $2,000 from the will which I am holding. This totals $10,500. I will be advising my attorney as soon as I receive the checks, which should be next week.
My question is do you think that if I send a letter of explanation to my attorney explaining that DH has to have 2 knee replacements with approx. $3,000-$4,000 out of pocket expenses that the trustee will work with me? I don't want the money, If possible, I really would like the trustee to apply the money as follows:
$6,000 against the plan. This would pay 12 months against the plan, making my 60th payment on 05/2009 instead of 05/2010.
$4,500 against my auto loan which I am paying outside of plan. My final payment would be 10/2008 instead of 10/2009.
I realize that the trustee can take the $$ and give it all to the creditors without touching my plan and I am really hoping that doesn't happen. I have done alot of research but it appears that it depends on the trustee, district, full moon, etc., etc.
DH should really have his right knee done now, but no $$ for all of the out of pocket expenses. We are both hoping that if we can get out of BK prison sooner, then he can get his knees done without the BK thing hanging over our heads.
Any suggestions or ideas would be great. I don't think what I am proposing is bad; I am giving the trustee every penny...I am just requesting that it is applied to get us out sooner so we can do the knee thing. I have tried not to think about this, but now the time has come to dance with the trustee and I am getting back this "throw-up" feeling that I had when I filed.
I am currently in a Chapter 13; have made 26 payments; 34 to go.
I talked to my brother on Wednesday. He told me that the attorney handling my mom's estate is sending me 2 insurance checks (I was named as co-beneficary on 2 insurance policies). The total for the insurance proceeds is $8,500 and I have already received $2,000 from the will which I am holding. This totals $10,500. I will be advising my attorney as soon as I receive the checks, which should be next week.
My question is do you think that if I send a letter of explanation to my attorney explaining that DH has to have 2 knee replacements with approx. $3,000-$4,000 out of pocket expenses that the trustee will work with me? I don't want the money, If possible, I really would like the trustee to apply the money as follows:
$6,000 against the plan. This would pay 12 months against the plan, making my 60th payment on 05/2009 instead of 05/2010.
$4,500 against my auto loan which I am paying outside of plan. My final payment would be 10/2008 instead of 10/2009.
I realize that the trustee can take the $$ and give it all to the creditors without touching my plan and I am really hoping that doesn't happen. I have done alot of research but it appears that it depends on the trustee, district, full moon, etc., etc.
DH should really have his right knee done now, but no $$ for all of the out of pocket expenses. We are both hoping that if we can get out of BK prison sooner, then he can get his knees done without the BK thing hanging over our heads.
Any suggestions or ideas would be great. I don't think what I am proposing is bad; I am giving the trustee every penny...I am just requesting that it is applied to get us out sooner so we can do the knee thing. I have tried not to think about this, but now the time has come to dance with the trustee and I am getting back this "throw-up" feeling that I had when I filed.
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