Re: I'm confused about LadynRed's answer about Chapter 13

Posted by LadynRed (199.91.33.254) on June 03, 2003 at 12:43:42:

In Reply to: Re: I'm confused about LadynRed's answer about Chapter 13 posted by eric on June 03, 2003 at 12:24:30:

I understood what the poster was getting at, and I have to agree with you, why bother with a 13 and be on a near-poverty budget for 3-5 years ??

The usual reason for people filing Ch 13 is those that have significant assets to protect, like a home with too much equity. Other than that, CH 7 is the way to go .. which is just MY opinion.

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