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jhn_plsn · 03-02-2009, 08:17 PM

Thats a thought but with the 2nd and CC debt eventually they will garnish wages, sue, etc..., would rather not go through that. I am told that the CC companies usually sue in the 2nd year of default and I am in that year now. The idea is to stabalize the situation and I hope to through the BK. If the rules change I am hoping I can cram down in a ch 7. This way there is no payments as in a ch 13.

03-02-2009, 08:17 PM	#12 (permalink)
jhn_plsn Senior Member Join Date: Apr 2008 Location: Riverside, Ca Posts: 136 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Heloc with CW will not compromise. Thats a thought but with the 2nd and CC debt eventually they will garnish wages, sue, etc..., would rather not go through that. I am told that the CC companies usually sue in the 2nd year of default and I am in that year now. The idea is to stabalize the situation and I hope to through the BK. If the rules change I am hoping I can cram down in a ch 7. This way there is no payments as in a ch 13.