Eads, CO Bankruptcy Law Firms & Lawyers

After filing bankruptcy, you can not do anything to affect its legal status. Upon filing bankruptcy ,the cash proceeds belong to the bankruptcy court to the extent you can not claim them as exempt .   If it was before , there are many things you could have done but there is no point dwelling on the past.   You have two options at this juncture. I have often used both when I have been successor counsel in these type of situations. The first is to amend your exemptions so that you can protect as much as you can. Second, you may be able to convert to Chapter 13 and pay the money over five years. I have found if you agree to turnover to the Chapter 7 trustee sufficient funds to cover his fees and expenses, the recognition that the Chapter 7 trustee is just doing  his job and is entitled to get paid, not withstanding your wish he did not his job so well,  is appreciated and it will increase the likelihood of them not objecting to conversion

You can file a motion to modify a confirmed plan and request a short suspension of payments, but when you start paying again you have to make up for the amounts suspended. Also, there must be a compelling reason or change of circumstance to warrant the suspension. Creditors could object if they wanted. It would be up to the judge to decide.

It is almost considered to be legal malpractice to allow a debtor in bankruptcy to reaffirm on a home mortgage. To prove to a potential lender that you are a good risk for a new loan, all you need to do is ask your current lender to provide you with an account history of your mortgage payments. It is sad that your bankruptcy attorney isn't willing to communicate with you, but if your calls to his/her office were in an angry blaming tone, you can't blame the staff for making sure that your messages were not passed on. No one wants to work with someone that complains.