Legal Question in Bankruptcy in Pennsylvania

stopping bankrupcty

we filed chapter13 approx 2 yrs ago..if we stop our monthly payments will we get in trouble other than losing our property??


Asked on 5/16/07, 1:37 pm

1 Answer from Attorneys
John Gibson John W. Gibson, Esquire

Re: stopping bankrupcty

If you stop paying, then the bankruptcy will eventually be dismissed and you will remain liable for your debts as if you had not filed bankruptcy. Whether or not this would affect anything other than your real estate depends on the percentage of debt that you are paying to unsecured creditors.

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Answered on 5/17/07, 10:59 am


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