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Sharon, Home Buyer in Louisville, KY

I filed chapter 13 but I am still behind in my mortgage payments. I do not have much equity in my home and I

Asked by Sharon, Louisville, KY Fri Jan 30, 2009

would like to just give it back to the bank. My credit is already in the dumps, I can barely afford to pay monthly bills or food. I just need a fresh start so I can afford to live in today's economy.

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Help line is on my web site, start with the first one. There is life after all this keep your head up
http://graciousnancy.semonin.com
0 votes Thank Flag Link Fri Jan 1, 2010
The point of a Chapter 13 is that you are on a payment plan to repay all your debt. No one files bankruptcy who has excellent credit and the entire point of bankruptcy is to be provided a "fresh start".
Did you file pro se or did you use an attorney? A good bankruptcy attorney should have reviewed ALL your debts and assets and advised you as to the pros and cons of Chapter 13 vs Chapter 7. Even Chapter 7 does not eliminate all debt.
I see that you are in Kentucky. I recommend if you haven't already, to visit the site I've linked below which is to the National Consumer Bankruptcy Attorney's (NACBA) website. All members are advocates for you. There is a great deal of information provided there as well as a list of attorneys in your area who are bankruptcy practitioners.
Best wishes,
Michele
Web Reference: http://www.nacba.com/
0 votes Thank Flag Link Fri Jan 30, 2009
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