QUESTION
After filing bankruptcy will I have to make monthly payments?
Asked on Jun 04th, 2012 on Bankruptcy - Florida
More details to this question:
My house is in the foreclosure process. The current loan is about $311. The house is located in MA, but I live in FL. My credit card debt is at about $12k. I have heard that after filing for bankruptcy I will have to pay about $1.5k to the bankruptcy court each month for 5 years. I was told that with my income and living expenses I would only be able to file for chapter 13. Is this correct and does the $1.5k per month for 5 years really apply?
1 ANSWER
Criminal Defense Attorney serving Deltona, FL
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R. Jason de Groot, P.A.
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It depends upon who told you this. If it was told to you by a bankruptcy attorney, you can bet that it is correct.
Answered on Jun 30th, 2012 at 12:29 AM