Conventional for a Chapter 7 is at least 4 years from discharge. FHA now allows condos this year (since late 2019). FHA is 2 years. See the Fannie Mae criteria for Derogatory Credit. Fannie does have an "extenuating exception" criteria, but I have learned that very very very few people...

I have never surrendered a vehicle in a Chapter 13. Your attorney should have already calculated your payment (DMI) without the car payment, so your Chapter 13 plan payment should not change....

For private loans you may have some issues as many private lenders just say no when they see a bankruptcy. You should, however, be able to easily apply for Parent Plus guaranteed loans from the government. Finally, I will just say to not go into serious debt on student loans. Have you children choose...

I think it would be difficult to obtain a "new" lease in an active bankruptcy. I highly suggest that debtors, entering a 3-5 year Chapter 13, purchase a new or newish vehicle to make it through the Chapter 13. Although you could get court approval to purchase a car (incur debt) while in...

In a 100% plan, you pay your plan base divided by the number of months of your plan. For example, in a 5 year 100% plan, with a plan base of $120,000, you would pay $2,000/month for those months. No other money matters. If you actually earn $12,000/month from a job or other income, your payment will...

I have found the IRS, while tough, to be extremely knowledgeable about bankruptcy and you generally have no issues with them. They know the game -- the Insolvency Department does -- very well when it comes to tax debt. It's all they do all day.

Yes, please inform your attorney. I don't know about Maryland, but some districts will allow for you to make payments through your bank or some sort of ACH withdrawal. I used the automatic ACH withdrawals which were perfect.

Good luck with the job hunting. I'm afraid to go back out ...

You should know your payment by the time of the final confirmation hearing. It's not like they go into the hearing to then change the amounts. The hearing is just to tell the judge that everything is okay and the judge can sign off on the plan. The plans must be approved by the court, which is more...

It is not likely that they are going to hold it to offset prior taxes. They did not offset/setoff my taxes in any year that I was in a Chapter 13. You may want to call the IRS Insolvency Department for any more details.

Also, you can change your withholdings with proof. You just have...

You did the right thing by calling the Insolvency department. If your IRS tax account was properly marked, then your online payment agreement (OPA) should be cancelled, and the upcoming debit (DDIA) should be cancelled as well.

If you have a way to manually do this, then I would go ahead...

Welcome to BKForum.

Not likely going to be an issue. Most serious creditors, such as American Express, will make you provide an IRS 4506T to actually confirm what you reported. The creditors have some duty to validate your income (such as some credit unions that will ask for paystubs...

I have direct experience and hold a security clearance. So long as the Chapter 13 is confirmed and there are not multiple bankruptcy filings and, the most important part, all the debt was disclosed on the SF-85p/SF-86p then they should be okay. They will likely get an interview to go over those things....

The Florida Trustees will go after anything with your name on it. It's just their favorite sport. (I say that tongue in cheek, but it seems to be true in Chapter 7 cases.). Despritfreya conveyed all that you need to know. The question is about whether you're in a 100% plan because of income and that...

Those flags are used by the Clerk's Office to either allow or prevent things from happening. I can't tell you why REAF was removed. It could be that your attorney checked the "undue hardship" box. As I wrote, the Clerk's office could use the flag to manage the case and prevent things like...

No. Means Testing is relative to the date you file and is based on your venue and the calculation of which State's exemptions apply. However, since this is a Chapter 13, you should ask your attorney. If moving to a higher cost-of-living area, you may want to look at your Means Test and/or Schedule...

I like both the older version and the new version. I do like NDC for the ability to see what the Trustee is doing and who they are paying.

HOAs in Florida aren't the real issue when it comes to a money grab. It's the dreaded CDD -- Community Development District. I lived in one of the first few Florida CDDs and they are all powerful. This comes from the fact that they are quasi-governmental with "special taxing authority"...

I'm assuming that you filed Pro Se. The Trustee was probably stunned, or not, that you didn't understand exactly what types of preferences that a reasonable Trustee would pursue. For example, payments to secured creditors are not preferences.

As for family, friends and other discharged...

Barbisi... I wish I didn't touch my 401K either. The things that I have now learned would have saved me... at least $100K of misery.

Either your or your tax preparer should read the instructions for Form 982 and handle it that way. On Form 982, I believe the tax "attribute" is labeled as "Title 11." Title 11 is the bankruptcy code (11 USC).

Just wait until your discharge date in March. File at that...