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cfortunato
cfortunato, Attorney
Category: Bankruptcy Law
Satisfied Customers: 8023
Experience:  Bankruptcy professor.
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If a debtor who filed a chapter 13 BK in in August of 2010

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If a debtor who filed a chapter 13 BK in in August of 2010 and is unable to afford the payments due to a change in financial circumstances can she file a chapter 7?

cfortunato :

Hi - my name is XXXXX XXXXX I'm a Bankruptcy attorney here to assist you.

cfortunato :

If a debtor who filed a Chapter 13 can no longer afford the payments, that debtor has 2 options available:

cfortunato :

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).;

cfortunato :

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).

cfortunato :

I think this is what you wanted to know.

cfortunato :

If not, please let me know. Thank you.

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