It sounds like the difference is Chapter 7 over a Chapter 13. Chapter 7 usually costs about $1500 in attorneys' fees and a Chapter 13 costs around $3,000 or so but is paid monthly in the plan. So why a Ch 13 instead of a Ch 7? If it is simply the monthly payment is high, ask them to increase the commitment period to lower the payment.
Answered on Mar 26th, 2012 at 12:46 PM