That depends on whether you are an above the means debtor or below the means debtor and whether you have complied with the other provisions of your plan. In most cases, unless your "early pay off" is a 100% pay out to unsecured creditors, you can sell your home, give the trustee all the equity (you would actually be required to do this), and the trustee will still expect plan payments unless the sale of the home pays off everything. This is a question for your attorney to see what is best but in some jurisdictions, sale of property, income tax refunds, etc are just extra money to be paid to your creditors unless they are already receiving 100% of their claim, not 100% of what you proposed to pay them, but 100% of what you would have owed had you never filed bankruptcy.
Answered on Sep 06th, 2016 at 12:19 PM