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    Chapter 13: Personal Injury Lawsuit in Chapter 13

    My question involves bankruptcy in the state of: NY
    I filed a bk 13 after already a plaintiff in a personal injury lawsuit (non-creditor.) I listed the pending suit on my bk petition as contingent...
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    Chapter 13: Avoiding Judgment Liens in Chapter 13

    My question involves bankruptcy in the state of: NY
    I filed a 13 pro se. I am trying to modify the mortgage on my home which there is no equity and on a rental property which has no equity. One of...
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    Chapter 13: Re: Converting from 13 to 7

    Now I see and understand it. I guess ch7 is going to be too much of a gamble for me. As I said, my main goal is to protect my rentals and my residence. I think the only thing that makes sense to me...
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    Chapter 13: Re: Converting from 13 to 7

    Des, Researched this issue thoroughly and this is what I found; USC541(a)(6) says that rent proceeds from "property of the estate" are also property of the estate. However, Chapter-7-s724 says...
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    Chapter 13: Re: Converting from 13 to 7

    Does all of the rent go to the trustee or just the surplus after the mortgage is paid?
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    Chapter 13: Re: Converting from 13 to 7

    I was thinking maybe I should convert to 7 now since there is nothing to liquidate, figuring the trustee would abandon the rentals since they have no equity and giving me opportunity to negotiate...
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    Chapter 13: Re: Converting from 13 to 7

    My two rental properties are about 50k negative each. I have about 200k unsecured. My goal is to save the rental properties by getting lower payments either through cram down or negotiating a mod,...
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    Chapter 13: Converting Bankruptcy from Chapter 13 to 7

    My question involves bankruptcy in the state of: NY
    Can I use ch13 to cram down the mortgages on my rental properties and strip the second from my residence and then convert to 7 to liquidate the...
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    Chapter 13: Re: Over the Limit for Chapter 13 Bankruptcy

    A huge help, Thank You
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    Chapter 13: Over the Limit for Chapter 13 Bankruptcy

    My question involves bankruptcy in the state of: NY
    When deciding eligibility in 13 with respect to debt amounts, if there is disputed debt that puts me over the limit, how is that handled? There's...
  11. Chapter 13: Re: Investment Property Mortgages in Chapter 13 Bankruptcy

    Thanks to all for the help. I looked into 12 and didn't think I qualified, I thought I read that 50% of your income had to come from farming, I'll have to read about it again. They did expand the...
  12. Chapter 13: Re: Investment Property Mortgages in Chapter 13 Bankruptcy

    The 390k rental I make a monthly profit of 1k, but could be 1600 with hamp. The other breaks even, but could profit a few hundred with a loan mod. Plus my tenants will paying down the principal and...
  13. Chapter 13: Re: Investment Property Mortgages in Chapter 13 Bankruptcy

    Both rental properties are about even at 265k and 390k. My residence balance is 500k with value about 400k also equity line of 35k. My earned income has decreased, as well as my net rent income. If I...
  14. Chapter 13: Investment Property Mortgages in Chapter 13 Bankruptcy

    My question involves bankruptcy in the state of: NY
    Filing a chapter 13 to stop a foreclosure sale on a rental property. I don't have much unsecured debt or a car loan, just mortgages that are...
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