in response to char6... I 4 one will tell you if u are in a Bankruptcy Proceeding, It will come to an end one day. You are NOT in control like your attorney is leading you to beleve. Chap. 13 does nothing for you. You have been dupped!! You have been fooled.
At the Best scenario if u win your bid, you will end up with 2 payments on that house. First will be the Primary mortgage payment. Second will be all the Late fees and late payments and taxes, insurance and all the rest of what goes along with owning a house. All you are doing at the moment is avoiding the inevitable doom that is coming your way. At some point, U must come up with a way to pay all that is owed. There is NO Escape. Contrary to popular belief. If it was that easy, we could all do the same thing. Don't be a fool. If u are having problems, U should be trying to sell the house and get out of there.
Only an idiot stays at the house and endures many years of pain. Your credit is destroyed right now. Your credit will never get better until this is all over. Then to top it off, you will have a bankruptcy on record for 10 years. If u have any plans for a brighter future, then get smart and get out of that situation. Screw that attorney? Ask that attorney yourself? If bankruptcy is so great, has he ever done it? I guarantee u the answer is: NO!!
Then ask why Not? He's collecting a paycheck from u while u go down the tubes in shame and in the end, U will lose everything. I guarantee u, that YOU will not escape what awaits for you if u do NOT get out of that mess u are in. If attorneys told u the truth, they would starve!!
He knew right from the start whether or NOT u could win your request for a bankruptcy? U own an asset. All Chap. 13 does for anybody is buy u some additional time to pay off some of what you owe. It does NOT discharge any debt. The Mortgage is still there and it will never go away as long as u play this game. But the game will soon be over. There are time limits. U must have an income to make chap.13 work. U must bring everything up to current levels, NOt way behind. The House is an asset. Even if the Bankruptcy court would decide in your favor, they will force u into selling everythiung possible to get the money to pay off everything that is owed. U are ultimately responsible for payment NO matter what!! Chase bank will win in time if U do NOT make the right choices. SELL that House or move out. Either way, give back the house to the bank before they destroy u? This is NOT a game they play. This is for real my friend. Too many people get fooled into thinking like you are and end up with nothing. You will then ask your Attorney: " What Happened and why did we lose?". He will tell u, " Sorry Charlie, Better Luck Next time".
Ok. There u go sir, Get the hell out of that mess. Sell that house as soon as u can. If NOt, move out!! Stop the bankruptcy on your own. Take control and be smart in what you do. U must end this mess immediately. Do NOT allow the bankruptcy to go through. What the bannkruptcy could do for u, U could have done it yourself. U can call the Bank and willingly offer the house back to them.They may do it and allow that, But they may not either. Hard to say. Whatever u do, Do it immediately. NO BANKRUPTCY!! Thats a Fact! Believe it or NOT.Take Care.