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Reverting to a 7 from a 13

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    Reverting to a 7 from a 13

    Does anyone have any experience on the 341 meeting with reverting the chapter 13 to a chapter 7? Is it usually approved?

    #2
    The 341 meeting has nothing to do with whether you qualify for a "conversion" to a chapter 7 from a 13. At least, not as far as the BK trustee is concerned.

    Are you filing with an attorney...generally, you will know if you can convert before you actually convert...it really is not a mystery.

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      #3
      yes our attorney advised us to revert after the birth of our first child....Although I want to get rid of my condo now and suggested I wait until the 7 is confirmed....Is it possible to get rid of the condo now and pay something 200 cheaper and more room?

      Thanks!

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        #4
        Originally posted by CLEAR4579 View Post
        yes our attorney advised us to revert after the birth of our first child....Although I want to get rid of my condo now and suggested I wait until the 7 is confirmed....Is it possible to get rid of the condo now and pay something 200 cheaper and more room?

        Thanks!
        Both HHM and I answered this question in your other thread.

        It's best to ask questions one time in a single thread. Otherwise answers get split apart and often you won't get as many answers as well.
        I am not a lawyer and this is not legal advice nor a statement of the law - only a lawyer can provide those.

        06/01/06 - Filed Ch 13
        06/28/06 - 341 Meeting
        07/18/06 - Confirmation Hearing - not confirmed, 3 objections
        10/05/06 - Hearing to resolve 2 trustee objections
        01/24/07 - Judge dismisses mortgage company objection
        09/27/07 - Confirmed at last!
        06/10/11 - Trustee confirms all payments made
        08/10/11 - DISCHARGED !

        10/02/11 - CASE CLOSED
        Countdown: 60 months paid, 0 months to go

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          #5
          I just converted from a 13 to a 7 and it was approved by the trustee. The 341 was actually shorter (and easier) than the one I had for the 13.
          Filed: January 26th
          341: March 7th
          Last date for objections: May 5th
          Discharged: May 13, 2008

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