Question on Debt Settlement plan vs. Ch 13

[blindsided]

wait a sec....are you saying with a 13 you have to payback 100%???
My lawyer didn't tell me that- He said my payback was pennies on the dollar (if all went well) All my debt is unsecured credit card debt-

Your payment to unsecured creditors does not have to be 100%, unless you have the means to reasonably do so (i.e. disposable income for 60 months would be sufficient). You may be required to do 100% payback to satisfy the rule that you must equal the Chapter 7 liquidation payback. In other words it depends greatly on your circumstances.