What are the odds now?

  • Thread starter Eu. Harry Andruschak
  • Start date

E

Eu. Harry Andruschak

Given that I have read many times that less then 30% of debtors
complete their Chapter 13 plans, do the odds improve once you are half
way through? Yes, I have made payment #18 out of 36. It hasn't been
easy, and I still have been unable to save up money for the dentist,
and the Chapter 13 Trusteee and Judge don't seem to give a hoot about
my rotting teeth. But still, 18 out of 36, and what are my chances of
a successful completion now?
 
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R

richardsfault

and the Chapter 13 Trusteee and Judge don't seem to give a hoot about
my rotting teeth. But still, 18 out of 36, and what are my chances of
a successful completion now?
A good example of why 13's often fail. If someone is capable of
preditcing how much money they can commit per month for several years,
they are probably finacially skilled and disciplined enough to avoid
trouble in the first place!

------------------------------------------------------------------------------

Some people claim that there's a woman to blame, but I think it's all...

Richard's fault!

Visit the Sounds of the cul-de-sac at www.richardsfault.com
 
T

Thomas Miller

Eu. Harry Andruschak said:
the Chapter 13 Trusteee and Judge don't seem to give a hoot about
my rotting teeth.
One of the big problems with chapter 13s is that debtors
frequently underestimate expenses when preparing budgets.
Then the plans don't provide enough money for the debtor
to live. Of course, this knowledge is not much help to
you now, so maybe I can say something which may be helpful:

Perhaps you could speak with your lawyer about modifying your
plan and budget so that funds would be available to meet
your dental expenses. Bankruptcy Code section 1329 is titled
"Modification of plan after confirmation."

I wish you the best as you complete the payments in your case.
Congratulations on getting as far as you have. I am sure
everyone here is rooting for you.

Kindest regards,

Tom
 
M

ME

My 13 failed because my employer, who was to deduct my voluntary garnishment
and send it in to the trustee. Well, she kept taking it out but stopped
paying it. Then she ran off with one of her manager's with $1,200.00 of my
payments. I've been trying for the past 6-7 years to keep it together but
now I've been declared fully disabled by Social Security and will only be
getting about $700.00 a month. Should I get an attorney and file a Ch7? The
only real debt's I have is a credit card (about $1900.00) that refuses to
stay in credit protection and let me pay it off over time and about $2000.00
in other debt's.
ME
 
B

Brett Weiss

1. I recommend filing criminal charges against the employer.

2. You should discuss this issue with a local bankruptcy attorney. I am
always reluctant to recommend bankruptcy for someone with a small amount of
debt such as yours.

--

Brett

*****************************************************************
* Personal Injury/Malpractice Bankruptcy *
* *
* BRETT WEISS, P.C. *
* Attorneys at Law *
* Maryland, D.C. and Federal Bars *
* (e-mail address removed) *
* http://www.brettweiss.com *
* *
* Small Business Estates & Estate Planning *
*****************************************************************

The Small Print: This response is for discussion purposes only. It isn't
meant to be legal advice and you shouldn't treat it as such. If you want
legal advice, speak with a local lawyer familiar with your state's laws who
can review *all* of the facts and the law applicable to your situation.
*****************************************************************
 
R

RJP

ME said:
My 13 failed because my employer, who was to deduct my voluntary garnishment
and send it in to the trustee. Well, she kept taking it out but stopped
paying it. Then she ran off with one of her manager's with $1,200.00 of my
payments. ....
When did this happen? If this happened in the past year or two, in addition
to criminal charges, maybe you could get an attorney to sue the employer et
al in civil court for the harm they caused you.
 
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M

ME

Oh back about 5 years ago now. Yes I have legal right's to further action
but, I left the employer and within a month they shut the doors and last I
heard she ran off with the store manager dropping off her daughter at a bus
station in Tennessee. We did file on her and the company but without return
of service on her I couldn't even go after the insurance company for
anything. It's ok, one, I did file so if she does show up in the next two to
three years I can re-attempt to server her and go from there. Two, God will
have the final word with her.
ME
 
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E

Eu. Harry Andruschak

richardsfault said:
A good example of why 13's often fail. If someone is capable of
preditcing how much money they can commit per month for several years,
they are probably finacially skilled and disciplined enough to avoid
trouble in the first place!
Not if you ran up too many medical bills. Fighting prostate cancer,
say. The final battle to include surgical castration. That is what the
"Eu" stands for. In place of "Mr." for "Mister", I use "Eu." for
"Eunuch".

At the same time I was running up medical bills, my investement
advisor swindled me out of my life savings. He later declared a
Chapter 7 Bunkruptcy.
 

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