If all goes as planned we will be paying the mortgage, car, and IRS only. We will not be paying any unsecures (less than $30K). If the housing market picked up and we sold our house the IRS would take theirs out of it because of the lien, correct? Would we then have to pay the unsecures or would we just pay the car?
-
Filed Chapter 13 on 3-31-10. 341 completed 5/20/10
$2900+ a month 0% payback to unsecured creditors
Discharged 6/30/2015 -
Any extra money would go to the unsecureds.Originally posted by frustrated51 View PostFiled Chapter 13 02/2006 - Confirmed 05/2006 - Discharged 09/2011
I'm not an attorney. My replies are merely suggestions or observations, not legal advice. As always, consult with an attorney before making any decisions. -
Ok, so there would be no advantage to selling after a few years.Filed Chapter 13 on 3-31-10. 341 completed 5/20/10
$2900+ a month 0% payback to unsecured creditors
Discharged 6/30/2015Comment
-
Comment