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I was making $85K on active duty but now have a new job making $25K less a year. It's been difficult meeting our original plan when we filed because of the decrease in income.
I'm now taking a new job in May 2011 making around $170K a year. Should I convert my Chapter 13 to a 7 instead of making a huge plan payment? Can I change to a Ch 7? When should I file? Right now or once the income from my new job starts coming in? Will a Trustee even approve a Ch 7 for my case? Will I still have protection from the creditors in my original Ch 13?