Average Creditor payback percentage

[liz417]

Thank you, Liz417!
I am searching for another job and will take something making less money if I have to; I don't know if I'm going to be getting unemployment and don't want to be at home for 3 months without a dime and knowing that we're not paying our bills. Without 2 incomes we can't pay mortgage, etc.. Anyway, we shall see what the lawyers say. We do have 2 appts with two different attorneys set up for next week. I read somewhere that a Ch13 can be converted into a Ch7 down the road.. any experience with that anyone? Thanks!!

Try starting a new thread with this question, you'll get so many more responses And yes, you can convert to ch 7 while in a ch 13, there are plenty of threads regarding this.

[Nicollette]

My unsecured are getting 2%, and my secured(car) is getting 8%.

I need to correct my post. My unsecured is getting 2%, and my secured is getting 100%, but my attorney had my interest rate on my car dropped to 8%.

[tencalcpro]

I am in a 13 in central district of california. Each court has its own special requirements and quirks in implementing the rules. Because of the way the judges in this district are implementing the rules, we have less than the IRS food allowances, medical allowances etc. then we pay. IFFF we can make the first year we may make it. 60% minimum the trustee would accept for unsecureds.