Bankruptcy

What would you do....

By Bill McLeod, Esq.

Very often, I find myself speaking to debtors and wondering what I would do if I were in their shoes. This week, I spoke with a debtor who has had a chapter 13 case pending for about a year and was representing himself. The debtor was facing a Motion for Relief from Stay for failing to make post-petition mortgage payments, although the plan payments were current. I asked the debtor why he was representing himself in his case and he told me that all the lawyers he spoke to had told him he should just ?walk away? from his house and file a chapter 7. After our conversation, I understood why.

Full post as published by McLeod Law Offices on April 18, 2008 (boomark / email).