Posts Tagged 'Convert from chapter 13 to chapter 7'

Converting from Chapter 13 to Chapter 7

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Riverside Bankruptcy Trustee Steven Speier had a case the other day that was converted from chapter 13. In the chapter 13 the debtors had automobiles that had debt against them. As the chapter 13 case paid off, the autos paid off. When the case was converted the autos were fully paid off. So when the chapter 7 trustee got the case the vehicles had equity.
The attorney handling the case saw this and did an amendment to protect what he ...

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