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What percent plan do you have in Ch 13?

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    #16
    Originally posted by kags1969
    Everytime I start getting freaked out about the length of time in my chaper 13, I do an amortization table of how much I would have left to pay with the same payment and interest at the end of my 41 month plan...

    So if I wasnt doing the 13, I would be making the same payment for 41 months (assuming 12% interest) and still owe 80K at the end.

    I am very thankful for a fresh start even with a $1540 payment... only 29 months left to go....

    Kags
    That's a good way to keep reminding yourself!
    *** THIS IS NOT LEGAL ADVICE--ONLY A LAWYER CAN PROVIDE THAT. ***

    My posts represent hours of research on and off the web, these forums, my experience, and my opinions.

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