Hello! I am in a chapter 13 and in the process of buying a home after almost two years of making payments. My lender needs a letter from the trustee approving the home purchase in order to move forward. My attorney sent over the sales contract but the trustee objected. It looks like my monthly expenses are too much to purchase the home. I currently pay $2800 in rent and the new mortgage payment would be $2973. Now my attorney is asking me to update my expenses. I did pay one of my cars off, saving $285/mo but all my other expenses should be the same since my new home is the same square footage of the place I’m renting. I’m super nervous and was wondering if anyone has gone through this. I got $5k worth of earnest money tied up in this so I’m very concerned.
GOOD NEWS! MY TRUSTEE APPROVED MY HOME PURCHASE!!!!!!!
submitted by /u/nhdav006
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