Legal Question in Bankruptcy in Virginia

Is this Right??

I attended a chap. 7 meeting with trustee, he sent a real estate person to my house since I had equity in it, and wanted to keep it. I just got a call that my house was going on the market, so I called my attorney.She says I have to refile chap. 13 and start all over again.

Why can't I just pay the difference, do I get charged another fee? I am on disability and had a beacon score of 740 before this.

Please just tell me if this is right or if I'm just being charged twice.

Thanks, Sky


Asked on 9/05/03, 1:16 pm

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: Is this Right??

If you want to keep the house, you can either work out a deal with the Ch. 7 trustee to pay him/her the equity in the house, or convert to a Ch. 13 if you can't come up with that much money. If you convert to a 13, your lawyer is entitled to be paid for his/her work in doing the 13.

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Answered on 9/05/03, 1:22 pm


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