Doing a chapter 13 because of income average (wife is W-2 I'm 1099)and have a DMI of $277 a month. Community state and just I'm going to file.
Never been late on the house. Upside down by $95,000
Wife's car is exempt per attorney & paid for.
My car is worth $4200. Paid for. May be less in 6 months to a year.
Wife has stocks worth $3000.
Wife's 401K is exempt per attorney.
We have no other assets from before of during marriage.
CC debt of $107,000
Reserve line on joint checking $3850. Would like to reaffirm if under a 7.
If income drops at a later time do you think its better to convert to a 7 and be done with this? Attorney says they may ask me to pay to keep my car and her stocks. Attorney says we have a $1000 wild card, but I don't see one listed for NV. Would like to some day rent/sell house and move out of state.
Never been late on the house. Upside down by $95,000
Wife's car is exempt per attorney & paid for.
My car is worth $4200. Paid for. May be less in 6 months to a year.
Wife has stocks worth $3000.
Wife's 401K is exempt per attorney.
We have no other assets from before of during marriage.
CC debt of $107,000
Reserve line on joint checking $3850. Would like to reaffirm if under a 7.
If income drops at a later time do you think its better to convert to a 7 and be done with this? Attorney says they may ask me to pay to keep my car and her stocks. Attorney says we have a $1000 wild card, but I don't see one listed for NV. Would like to some day rent/sell house and move out of state.