Legal Question in Bankruptcy in Texas
I have 4 months left to pay on my chapter 13 Bankruptcy. My job is closing next month. How do I convert my case to a Chapter 7? And is there a fee to do this?
Asked on 8/13/13, 1:31 pm
1 Answer from Attorneys
Gary Armstrong
Armstrong Kellett Bartholow P.C
Depending on where you are, typically a motion to convert or a notice of conversion will work. You need to be extremely careful about conversions, though, because of the effect on any secured creditors, priority creditors, and assets. I strongly recommend hiring an attorney to assist with this. The Court charges a fee of $25 for the conversion last I checked.
Answered on 8/13/13, 1:41 pm
Related Questions & Answers
-
Filed pro se chapter 7 using Jan-June. Petition filed Aug 2, Passed means test with... Asked 8/13/13, 10:43 am in United States Texas Bankruptcy Law
-
I filed chapter 7 in Texas and passed means test with exemptions using previous 6... Asked 8/13/13, 5:55 am in United States Texas Bankruptcy Law
-
I am planning to file Chapter 7 bankruptcy in the Eastern District of Texas, and... Asked 7/27/13, 4:39 pm in United States Texas Bankruptcy Law
-
I am about 12,000 upside down on my car. Is it possible to have reaffirm the real... Asked 7/06/13, 7:32 am in United States Texas Bankruptcy Law