Some people file Chapter 13 bankruptcy, only to find that they need to convert it to Chapter 7. This might be done for several reasons. Some common ones can include:
- Unable to keep up with the Chapter 13 plan payments
- Unable to pay mortgage or car payments
- Simply realizing Chapter 7 might be a better option
If you have filed Chapter 13 but now need it converted to Chapter 7, contact a St. Louis Chapter 13 Bankruptcy Attorney who can let you know if this is an option for you.
How to Convert to a Chapter 7 using a Chapter 13 Bankruptcy Attorney
This conversion is relatively straightforward, if you qualify. This means that you cannot have previously filed for Chapter 7 in the past 8 years, can pass the Means Test, and otherwise would qualify for a Chapter 7. While there are attorney’s fees to convert this case, it may possible to recover some of the money paid to the trustee that has not been distributed to the creditors. A St. Louis Chapter 13 Bankruptcy Attorney can go into more detail after examining the facts of your particular bankruptcy.
If you tried Chapter 13 thinking it was the better option but now find it was a mistake, there are options available. If you are having trouble making monthly payments, you may be able to convert your case. As an added bonus, if you have incurred any additional debt while repaying your Chapter 13, a Chapter 7 may be able to wipe those debts clean.
If you find yourself still struggling with debt after filing Chapter 13, talk to a St. Louis Chapter 13 Bankruptcy Attorney at The Westbrook Law Group today. We can help convert your bankruptcy to a Chapter 7 and get you out of debt once and for all. For a free consultation regarding your debt issues, contact The Westbrook Law Group today.