Herndon, VA
Chapter 7 bankruptcy Lawyer at Herndon, VA
Practice Areas: Chapter 7 Bankruptcy, Federal Crime ... +3 more
OUTCOME: Case Discharged, Plan Complete and 2nd Mortgage Wiped Out
Chapter 13 client filed four years ago. The court approved our plan to strip off the second mortgage of $81,999.00, leaving only a first mortgage of $347,998.00. The plan required that the client pay ... his car payments through the plan at a reduced interest rate over 48 months. The client was required to pay nothing to unsecured creditors.
OUTCOME: Chapter 13 Plan Confirmed, Paid in full three years early and case discharged.
Debtor in DC had property in DC and VA. We were able to have him surrender two of three properties and repay a mortgage arrears and outstanding taxes through his payment plan. Client had a big loss o ... n one of the surrendered properties, which caused him to receive a big financial loss on paper and a huge tax refund. The refund was used to pay off his plan three years early.
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