Had our 341 Today!

[jade73]

Wow! I bet you will be glad when its all over. Thats alot! How did you strip your 2nd mortgage?

[TooMuchCredit]

Yeah they said in 7 to 10 days. Did you have any objections?

I had a list of about 10. However, there was a typo on one of the forms that while the payback amount was listed, the percent was entered as 0%. I think they focused on that 0% mistake and came up with all sorts of objections. Plus my mortgage amount was well above the IRS allowances as was my car payment. One of the objections was a good faith one saying I was proposing to pay unsecured 0% while keeping an expensive car.

I have since stripped my 2nd mortgage and that actually allows for about a 10% higher payback than before.

Hopefully, you and other Georgia folks have a smoother ride. I won't rest easy until I'm confirmed.

[jade73]

I am in GA too. Had my 341 in April and am still not confirmed. Not to be a downer, but the 341 was the easy part. In a few days, the objections should be sent out. Hopefully, you won't have any.

Yeah they said in 7 to 10 days. Did you have any objections?

[TooMuchCredit]

I am in GA too. Had my 341 in April and am still not confirmed. Not to be a downer, but the 341 was the easy part. In a few days, the objections should be sent out. Hopefully, you won't have any.

[jade73]

Hey I'm in georgia, How did it go? We are planning on filing in Oct. 150000 unsecured..

It went very smooth but we also didn't have alot of credit card debt. We had mostly signature loans and the reason we filed was we were 4 months behind on the house and wanted to keep our home. Hopefully yours will go as smoothly.
What part of GA are you in?

[jade73]

Thank You, we hope so too!!

[lrprn]

Congratulations on surviving the dreaded 341! Now it's on to the next big milestone - the confirmation hearing. Hope things go smoothly and your plan is confirmed quickly!

[bklawn]

We were there a total of 15 minutes. We were the first ones called. There was a total of 15 of us there and that was including 2 lawyers, a creditor(not for us) and the trustee. We answered all the questions honestly and he told us good-bye! What a relief!

Hey I'm in georgia, How did it go? We are planning on filing in Oct. 150000 unsecured..

[jade73]

We were there a total of 15 minutes. We were the first ones called. There was a total of 15 of us there and that was including 2 lawyers, a creditor(not for us) and the trustee. We answered all the questions honestly and he told us good-bye! What a relief!