Legal Question in Bankruptcy in Massachusetts
I had filed Chapter 13 in 2008. I just recently got a loan modification from my mortgage company decreasing my mortgage payment by $1000. They also took the money owed to them out of banruptcy. Will I now be converted to a chapter 7 or remain the same.
Asked on 6/14/10, 11:10 am
1 Answer from Attorneys
Suzana Urukalo
Kajko, Weisman & Colasanti, LLP
In order to convert a current Chapter 13 bankrupty into a Chapter 7, you would need to begin the process by filing a notice to convert your Chapter 13 into a Chapter 7. Before doing so I would suggest that you speak to a Bankruptcy Attorney with regards to the particulars of your case.
If you are interested in a free consultation, please contact me at 617-523-3200 or you can email me at [email protected].
Thank you,
Answered on 6/14/10, 4:55 pm