Trustees fees are 10% which is ridiculously outrageous
@atlantabankruptcy Жыл бұрын
That is a lot of money.
@dlangley012 Жыл бұрын
What would happen if the debtor fails to make their mortgage payments during the plan period? Will the bank be able to forclosure due to non-payment of mortgage during the plan period? What can the bank do during this period?
@dianecelento4974 Жыл бұрын
Priceless Information
@AZREPUBLICAN4 жыл бұрын
.065 % cash on every dollar to the Trustee
@simonedifalco70752 жыл бұрын
I don’t even like the number 13 , it is bad luck... It doesn’t worth, besides paying attorneys fees , and being having to pay 💰 back the creditors , definitely it is a NO 👎🏻 NO , now if you REALLY have to do to stop a foreclosure, maybe however I would think twice after all of this informations . Thank you so very much for the video, very much informative.,
@49Macman24 күн бұрын
4:28 The case is running more than 60 mos. Can that actually happen in 2024 or were you talking about it happening 25 years ago? I'm afraid I will be struggling to make the minimum payment and if their could be more than 60 mos. I may be able to do it. Thanks.
@judypolstra2 жыл бұрын
Excellent info!! I won a lawsuit and one of two of the defendants just filed Chapter 13. Can't wait to see how this plays out...
@troller4jesus3 жыл бұрын
If I’m paying 100% over 5 years then do I get to keep extra disposable income?
@paularubina3778 Жыл бұрын
Thank you !
@chgofirefighter4 жыл бұрын
In regards to trustees does it work like this nation wide? Or state specific? If you’re on military disability payments from the VA your money is basically secure no bank can touch it. If you lose your job due to Covid, and you hit with bunch of late fees because you can’t afford to by your insecure debt (credit cards) than what options does one have? Can’t find a good paying job due to the economy so???
@atlantabankruptcy3 жыл бұрын
BK is a federal law and the federal bankruptcy statute governs the powers of trustees. In your situation I would consult with a local BK lawyer to see if BK is even necessary.
@KZ.71604 жыл бұрын
Thank you Sir. Very helpful.
@eightup2 жыл бұрын
He is tell the truth.
@rebeccam50213 жыл бұрын
If you are paying 100 percent on your bankruptcy can you pay it off early ?
@DannyLee-k1j7 ай бұрын
Yes
@Robert-yj2lt20 күн бұрын
More like 10 percent in ct. ridiculous
@therookiefisherman52342 жыл бұрын
Chapter 13 is made to set you up for failure and chapter 13 attorneys are thieves.
@eightup2 жыл бұрын
It like jumping into a pit with snakes to get your ball.