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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Ch. 13, "The Plan" and Payments deferred while in BK Posted by Jim on May 21, 2002 at 9:55 AM Hold 2nd note (purchased) reinstated 1st then trustor declared Ch. 13 BK. (7 months so far, and still going). I am told "The Plan" will include small monthly payments (over 60 months) for payments missed preforclosure and some preforclosure costs, reinstatement, etc.. What happens to the loan payments trustor has missed while in BK ($2,100) for my 2nd? Must he/she pay in lump sum upon discharge? or does the clock restart where the BK was filed, thus extending the term of the loan? Thank You! Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : Hold 2nd note (purchased) reinstated 1st then trustor declared Ch. 13 BK. (7 months so far, and still going). I am told "The Plan" will include small monthly payments (over 60 months) for payments missed preforclosure and some preforclosure costs, reinstatement, etc.. : What happens to the loan payments trustor has missed while in BK ($2,100) for my 2nd? Must he/she pay in lump sum upon discharge? or does the clock restart where the BK was filed, thus extending the term of the loan? : Thank You! Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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