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"what are your payments, ch 13,"

Credit-Addict
Regular Contributor

"what are your payments, ch 13,"

I would like to know other's debt amounts and payments

How much unsecured credit card debt did you pay under the ch 13

was life extremely hard after starting payment plan

I have searched everywhere on this forum and no one seems to post about these things  in this simple of a fashion.

Message 1 of 18
17 REPLIES 17
cf2701
Regular Contributor

Re: "what are your payments, ch 13,"

I'm nearing year 4 of my payment plan.  Most of my debit was medical, with only about 5K in cc debit.  My monthly payments are just under $800 per month.

 

How about you?

BBVA Clearpoints $16,000 | Discover $6,400 | CECU Visa $4,000 | NFCU Go Rewards Visa Sig. $15,500 | NFCU CLOC $15,000 | PayPal CB MC $10,000 | Paypal Credit $10,000 | Card $7,500 | AMX Hilton Honors Ascend $1,000 | Wayfair $23,900 | Sportsmans Guide Visa $9,900 | Kohls $3,000 | Capital One Savor One $3,500 | PNC Cash Rewards $12,000 | PenFed Power Cash Rewards $10,000 | PenFed Gold $10,000 | Lowe's $7,000 | Best Buy Visa $4,000 | Home Depot $4,000
Message 2 of 18
tooleman694
Valued Contributor

Re: "what are your payments, ch 13,"

I completed my plan in 2 years, it was a 100 percent plan so all unsecured was paid. I had about 30k to pay off. I was paying a bit over a 1000 a month.

 

I found life wasn't all that hard during it. You just need to keep a good budget.

Message 3 of 18
JoeFriday
Regular Contributor

Re: "what are your payments, ch 13,"

I had about 9k in cc debt, but my bigger problem was that I had another 10k in back taxes owed to the IRS that I didn't resolve. With their typical heavy-handed approach, they simply garnished my wages and I had an instant 30-plus percent reduction in my take home pay, which meant I couldn't keep up with my cc payments. The whole thing snowballed against me and I had no other option but to file BK13.

 

The BK stopped the IRS garnishment and dropped my monthly payments to $325 with 100% repayment over 5 years, which was actually pretty comfortable, especially after 6 months of practically living at a poverty level income with the garnishment.

Began 5/17/17
EQ 621
TU 577
EX 608

Current FICO 8
EQ 767
TU 775
EX 728 - FINALLY ALL ABOVE 700!
Message 4 of 18
Credit-Addict
Regular Contributor

Re: "what are your payments, ch 13,"

I haven't even had a consultation yet... I'm just anxious to know if I will be able and how hard life will be for me
Message 5 of 18
Credit-Addict
Regular Contributor

Re: "what are your payments, ch 13,"

How long have you been in bankruptcy
Message 6 of 18
juniebrunner
Established Contributor

Re: "what are your payments, ch 13,"

Mine was a 100% payback for 5 years. Filed Sept 2011.  Paid it off in 4.  Discharged Dec 2015.  Almost to my 7 years and its off my reports!!! 

 

$40K (most of which were student loans).  My payment was $890 a month.  EXTREMELY manageable; just have to budget and be OK with not having or getting everything you want.

Message 7 of 18
VoltaicShock
Established Contributor

Re: "what are your payments, ch 13,"


@Credit-Addict wrote:
I haven't even had a consultation yet... I'm just anxious to know if I will be able and how hard life will be for me

Try not to dwell on it.  It might go better than you think.

 

My payments wre $350/month and I also stripped my second mortgage.



FICOBeginning (6/2017)Current
Equifax636707
Transunion627725

Experian623726
Message 8 of 18
SteelerNYC
Valued Contributor

Re: "what are your payments, ch 13,"


@Credit-Addict wrote:
I haven't even had a consultation yet... I'm just anxious to know if I will be able and how hard life will be for me

MAKE SURE you don't qualify for a 7. Talk to a few attorneys and see what they have to say.

 

 

Ch 7 Discharge May 2015
Discover/Target/NFCU CLOC/NFCU More Rewards Amex/NFCU Platinum/PenFed Power Cash Rewards/PenFed Pathfinder Visa/Citi Costco Visa/CapitalOne SavorOne/Apple Card - $139,100 total revolving, 21% utilization
3.25% mortgage July 2020, $20k used Auto Loan October 2020, $20k PenFed Personal Loan Dec 2020
687/683/673 EX/EQ/TU w/ 5/6/6 INQs as of Jan 2021
Spending 2021 in the Garden
Message 9 of 18
Credit-Addict
Regular Contributor

Re: "what are your payments, ch 13,"

how did your score manage to jump that far that fast 

Message 10 of 18
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