Q: I am 3 years into a Chapter 13 paying 70% of debt. My income has risen 25% + over the last 1 1/2. I need some advise.
I am faced with having my monthly payment increase significantly and I am in a better position to pay my creditors 100%. I am thinking of asking for a voluntary dismissal but have some questions, pros and cons. First after dismissal I assume my creditors will come after me but can I negotiate to pay my debt with them? Also a couple of my creditors ( Sm credit card holders, medical bills ) chose not to be a part of the Chapter 13 and wrote off my debt. Will they also come after me. I am just trying to find a solution to end this early and not to get out of my debt. I just want to avoid another 2 years of the courts asking for all of any money I have left after bills and also I recently have had the increased payment to help my mother out. I just dont know what to do
This is a question you should be asking your lawyer. No Lawyer? Get one.
I don't know your case so anything I make say could easily be wrong. Someone familiar with your file should take a look
A: Consult your lawyer before making a decision.
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