Our cars are in the chapter 13 bankruptcy case. One has been totaled; it was hit while parked in front of our house. Can we reduce the monthly payment to the trustee to buy another car?
-- Gloria
A.
One of the marvelous things about Chapter 13 is that it is flexible. Confirmed plans can be modified for cause after notice to interested parties.
Just how it plays out in your situation depends on whether the amount to be paid into the plan is based on the value of your non exempt assets or on your disposable income.
Your attorney can tell you about local procedures and what constraints there may be on lowering payments to the plan.
