QUESTION
Is there a way to stop it and just pay off everything myself?
Asked on Mar 16th, 2017 on Bankruptcy - New Jersey
More details to this question:
I filed Chapter 13 a year ago. However, I wish I never filed at all now.
9 ANSWERS
Bankruptcy Attorney serving Cleveland, OH
at
Benson Law Firm
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You'll probably end up paying more money to your creditors. But you are always able to dismiss your case voluntarily.
Answered on Jun 21st, 2017 at 1:13 PM
Commercial & Bankruptcy Law Attorney serving Powell, OH
at
Ronald K. Nims
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Yes, you can dismiss the Chapter 13 and deal with your creditors yourself. You should discuss this with your lawyer to compare the results of continuing the 13 versus dismissing.
Answered on Jun 13th, 2017 at 5:54 AM
You may dismiss your chapter 13 anytime you like for no reason at all. However, before you do this, I recommend contacting your creditors to negotiate a favorable settlement offer. A debt settlement attorney can make a big difference in how much you have to pay.
Answered on Jun 08th, 2017 at 6:00 PM
Yes, at any time you can voluntarily dismiss your Chapter 13 case by filing a short motion to dismiss with the Court. You cannot dismiss your own Chapter 7 case, but you can dismiss your Chapter 13.
Answered on Jun 08th, 2017 at 6:00 PM
If it was not previously converted from chapter 7, a chapter 13 is entirely voluntary and you can dismiss your case at any time. If you don't have a lawyer, talk to the trustee's office about how to get it done.
Answered on Jun 08th, 2017 at 5:59 PM
1 Award
Yes, a chapter 13 is voluntary. Ask your attorney to give you the pros and cons of dismissing and then if you want to dismiss, instruct your attorney in writing to file a motion to dismiss. In my experience after some amount of time in a chapter 13 many people forget what it was like trying to pay many different creditors each month and think the chapter 13 was a bad idea. Then after dismissing the chapter 13 they wish they would have stayed in it.
Answered on Jun 08th, 2017 at 5:59 PM
Yes, you can stop making the plan payments and your case will be dismissed.
Answered on Jun 08th, 2017 at 5:59 PM
You have options. An attorney will need to review your CH13 BK file with you (lawyers can access this information through Pacer). Not sure about other attorneys, but I charge a minimum of one hour of my time to review options with you ($250). Good luck with this matter.
Answered on Jun 08th, 2017 at 5:59 PM
Bankruptcy Law Attorney serving Livingston, NJ
Partner at
Law Office of Stuart M. Nachbar, P.C.
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You have a right to dismiss your case.
Answered on Jun 08th, 2017 at 5:58 PM