Legal Question in Bankruptcy in Tennessee

Am I stupid to let my ch 13 be dismissed?

I've been paying a ch 13 for 3 years now. The only thing I'm paying for is my car. I'm going back to school full time in 2 months and will no longer be employed. If they dismiss my case b/c I can't make payments, I know they will repo my car, auction it, then try to collect the difference. I know they'll take me to court & try to get a judgement. If I am judgement proof b/c I have no income, what can I expect the creditor to do? How bad can this be for me? Am I stupid to dismiss my case? I don't know of any other option. I will have no income once school starts and will be living with a friend. I have no assets or cash. I'm scared of what they can do. Thank you.

Oh, and I've already filed a ch 7 in the past and when I got behind on my car I had to file the 13.


Asked on 6/02/08, 3:08 pm

1 Answer from Attorneys

Robert Rexrode Robert R. Rexrode, Attorney at Law PLLC

Re: Am I stupid to let my ch 13 be dismissed?

Who is your bankruptcy attorney?

THx,

RRR

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Answered on 6/02/08, 4:17 pm


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