Hi - my name is XXXXX XXXXX I'm a Bankruptcy attorney here to assist you.
If a debtor who filed a Chapter 13 can no longer afford the payments, that debtor has 2 options available:
1) The debtor can ask that the payments be reduced (if the debtor's income has decreased or if the debtor's expenses have increased).;
2) The debtor can have the case converted to a Chapter 7 (if the debtor otherwise qualifies for a Chapter 7 by being able to pass the Means Test).
I think this is what you wanted to know.
If not, please let me know. Thank you.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).