If you stopped paying in April, you are still a few months from being sued by the first creditor. The lack of phone calls is NOT an indication that they won't sue you. You must read your postal mail and not ignore it like most debtors do because they will send you a letter telling you that you are about...

I strongly, strongly suggest you try to refi out of both of these loans into one new mortgage rather than continue the fight. You're going to lose. They can charge whatever they want. More corporate advances and property preservation fees will continue until you are caught up at the end of the 13 and...

If your confirmation is like mine and didn't mention anything about notifying trustee of employment changes and income increases, I think they can't go backwards or dismiss your case. My lawyer said not a single case has resulted in a plan payment increase over several decades of chapter 13 practice...

I don't think anyone in a 13 is contributing the max. But if you take a covid withdrawal, you get 3 years to pay the taxes and pay no penalties. You have the option of paying it back into an IRA. When you put it into an IRA, tell the brokerage to flag it as a rollover or CARES act repayment and not...

I'd just add take a covid no penalty withdrawal from the 401k if possible rather than take a 401k loan. You don't want mandatory payments afterwards that may come with penalties if defaulted. You can always recontribute voluntarily into the 401k to rebuild it. Also remember that if you have to take...

This is a good discussion. I like seeing spirited responses from both sides. I'm also a fan of Dave Ramsey outside the topics of the religious stuff, almost all of his sponsors, and bankruptcy.

Here is my two cents. Credit cards are evil because they promote overspending by an amount far...

I understand you are completely busted, but you need to get a real full-time job just like the rest of us to raise the money for an attorney. Many people are busted living paycheck to paycheck but they are capable of working full-time. I only say "real job" because it cannot be professional...

Not only do a number of us have a plan payment that is a small fraction of the old minimum payments, we also have secured debt and arrearages on secured debt that makes up most or all of the plan payment. In effect, the plan payment pays me back in home equity with a small cut to the lawyer and the...

I know plenty of very disabled people who have been denied SSDI and it could take years to get approved with an attorney to get approved. Since his last paycheck wasn't that long ago, I would say the chances of first approval is low absent an acute, serious, and permanent injury.

Barbisi Have you checked to see if the 401k allows hardship withdrawals (very hard to get approved at my employer) or CARES Act withdrawals? Many plans have a 2 loan limit for 401k. And then there is the huge issue of your overly involved trustee watching you guys like a prison guard.