Legal Question in Bankruptcy in North Carolina
converting from chap13 to chap 7
we have been in chap13 for 2 years and were wondering if we could convert to a chap 7 because it is very hard to pay our expences even now.
Asked on 2/01/99, 9:02 am
1 Answer from Attorneys
JAY Nixon
nixon law offices
Re: converting from chap13 to chap 7
Yes--you have a constitutional right to dismiss a
chapter 13 at any time under the prohibition
against involuntary servitude. You can also
generally convert to a chapter 7, as long as
there has not previously been a conversion.
Either may carry nasty consequences, though--
would need a lot more information about your
case to advise on them. They can include
garnishment of wages and siezure of assets by
creditors, etc.
Jay K. Nixon
Harvey,Nixon & Fisher
P.O.B. 1555, 333 Main St
Answered on 2/01/99, 7:27 pm
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