Q: will the judge go back and undo what's already been done
we have filed a Chapter 13 as of last Tuesday the sale dates for my most important properties have come up come to find out I did not personally guarantee anything or personally sign anything it was all under the business entity which means a Chapter 13 does not cover it by bankruptcy I've lost two of my properties I would like to switch to a chapter 11 even if I have to do it personally will the judge go back and undo what's already been done cuz one of them is my RV park with the million dollars equity and there is only 375000 owed
A: You need to discuss this with your bankruptcy lawyer. That is the only person with enough knowledge of your personal situation and legal training to advise you. It may turn out that you still need the Chapter 13 for your personal liabilities but you need to revise your filings to accurately reflect what your personal holdings and liabilities are and the business entity may need to file a Chapter 11 however Chapter 11s are very complicated and expensive I am told by my colleagues who do them. I don't deal with either Chapter 11 or Chapter 13. Please deal directly with your bankruptcy lawyer as this is far too complex for a quick question on the internet.
Bruce Alexander Minnick agrees with this answer
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