You might want to consider a discussion with the bank about working out a payment plan over the 36 months you indicate. From their point of view, it would be better to do that than to drive you into bankruptcy and either receive nothing, or pennies on the dollar in the case of a Chapter 13 if you don't qualify for a chapter 7.
anonymous
Posted almost 14 years ago.
You might want to consider a discussion with the bank about working out a payment plan over the 36 months you indicate. From their point of view, it would be better to do that than to drive you into bankruptcy and either receive nothing, or pennies on the dollar in the case of a Chapter 13 if you don't qualify for a chapter 7.