Chapter 13 question?

Posted by: admin in chapter 13 bankruptcy laws on December 27th, 2009
chapter 13 bankruptcy laws
Kick IT asked:

I’m in a sticky situation. My ex-husband and I (when were married) filed for Chapter 13. SInce the divorce, I pay half the bankruptcy payment and he the other half. At the time we filed, we included our car payments in the bankruptcy, so until our last bankruptcy payment(which will be in 2 years, the lien holder will still have the title to my car. Since I’m still paying in bankruptcy and the lien holder has my title, I have to pay full coverage insurance(state law-GA). Well my car is finally inoperable and I am paying cash for another. Well it is operable but I refuse to put MORE money into a piece of junk to get it fixed. How do I get out from under paying insurance and registration on the old one without a title? Can I turn the car back over to the lien holder with no further obligation? What are my options?

Can i declare chapter 13 bankruptcy under these conditions in respect to the updated bankruptcy laws?

Posted by: admin in chapter 13 bankruptcy laws on December 26th, 2009
chapter 13 bankruptcy laws
kurtangle_20 asked:

I am in my 20s, I rent do not own. I have $22,500 in unsecured credit card debt. I only make $31,000 annually. I obviously know I am in a dire condition, so I really do not ask for any negative comments. I am ashamed that I allowed my financial condition to become so dire, but never the less, I am unable to pay this debt off. I live in Pennsylvania, and I need to know if I am still eligible for Chapter 13 bankruptcy under the updated bankruptcy laws? I did a little research on my own, and I seem to meet the conditions. I do not make the median average for the state. I appreciate any response.

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