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A number of things can happen based on number of different factors. You won't have the monthly car payments anymore, so you might need to modify your plan to reflect increase your plan payments because of the lower expenses. Or it might be better to convert to a Chapter 7 or dismiss the Chapter 13. Converting to a 7 would eliminated the possibility of the car lender getting a deficiency judgment after selling the car. Most people file Chapter 13 either because the want to keep property that they couldn't keep in a Chapter 7 or because they have debt that can't be discharged, so it is time to review your situatiowith a quaified bankruptcy attorney and see if you should still be in a Chapter 13.
What else can I help you with?
How long does chapter 7 bankruptcy stay on your credit in Florida?
10 years
How many bankruptcy law firms currently provide services in Miami?
There are several bankruptcy law firms that provide services in Miami. A comprehensive list is here: http://lawyers.findlaw.com/lawyer/firm/Bankruptcy-Law/Miami/Florida.
How long on credit Chapter 7 in Florida?
In Florida, a Chapter 7 bankruptcy remains on your credit report for up to 10 years from the date of filing. This can impact your credit score and your ability to obtain new credit during that time. However, many individuals find that they can begin to rebuild their credit relatively quickly after filing. It's important to manage finances responsibly post-bankruptcy to improve creditworthiness.
What assets can be taken with a Florida deficiency judgments for foreclosed property?
Whatever they can sell to reclaim their losses. You may need to proceed with bankruptcy to protect other assets. Consult an attorney for specifics.
What happens if you are in a Chapter 7 and am 1 payment behind on my mortgage I am in New Jersey?
I am not sure about in New Jersey But in Florida if you can prove ability to pay the MTG they will allow you to keep home if you can bring it current, in my bankruptcy, at the time of consult i was current but fell behind before i went ot court so i included the house in the bankruptcy and was able to buy a new home in 2 years
Where can one file for bankruptcy in Florida?
Bankruptcy can be filed at the Bankruptcy court for the area you are in. For instance in Northern Florida, it's the Florida Northern District Bankruptcy Court.
Is Pennsylvania larger than Florida?
Total Area of Florida is 170,304 Km2 and total Area of Pennsylvania is 119,283 Km2 therefore Pennsylvania is not larger than Florida. Florida is bigger.
Which state is the farthest west-Florida or Pennsylvania?
Florida
What are the Florida limits on home exemption in bankruptcy?
I believe you home is safe as long as it is your homestead in a bankruptcy. You should consult a bankruptcy attorney to be safe.
Are annuities exempt in chapter 7 bankruptcy in Florida?
yes
How many miles is it from Pennsylvania to Orlando Florida?
The distance between Philadelphia, Pennsylvania, United States and Orlando , Florida, United States is 853 miles or 1373 kilometers
Where can one find information about bankruptcy layers in Orlando Florida?
There are many bankruptcy lawyers who work in Orlando, Florida. The website Avvo has client reviews of over 200 bankruptcy attorneys in Orlando. FindLaw is another website that allows you to search out different types of lawyers in Orlando.
Which state is farther west Florida or Pennsylvania?
Well, honey, Florida is farther west than Pennsylvania. Florida is located on the eastern side of the United States, while Pennsylvania is more towards the northeast. So, if you're looking to catch a sunset on the west coast, you better head on down to the Sunshine State.
Where did john Grogan move to after Florida?
Pennsylvania
How much larger is Florida than Pennsylvania?
Florida is about 200% larger than Pennsylvania in terms of land area. Florida covers approximately 65,755 square miles, while Pennsylvania is around 46,054 square miles in size.
What are the key differences in bankruptcy laws between Florida and California?
One key difference is the homestead exemption amount, which is unlimited in Florida but capped in California. Another difference is the types of property that can be exempt from creditors, with Florida offering more protection for assets like life insurance policies and annuities. Additionally, the income thresholds for qualifying for Chapter 7 bankruptcy may vary between the two states.
How much does a bankruptcy cost in Florida?
Around 2,000 for the attourney and court fee's.
