Can I convert my Chapter 13 case to a Chapter 7 case in North Carolina?

Yes, it is possible to convert a Chapter 13 case to a Chapter 7 case in North Carolina. This conversion is governed by the United States Bankruptcy Code, which allows for the conversion of cases under certain circumstances. Individuals typically choose to convert to Chapter 7 when they find it difficult to maintain their Chapter 13 repayment plan due to changes in financial circumstances, such as loss of income or unforeseen expenses. When someone decides to convert their case, it is important to file a notice of conversion in the bankruptcy court. This process involves submitting the appropriate paperwork and may require a fee. Furthermore, the individual will have to meet the eligibility requirements for Chapter 7, which involves passing the means test to determine if they qualify based on their income and expenses. It is worth noting that debts that may have been discharged in the Chapter 13 case may be handled differently in a Chapter 7 case. For those considering this option, it might be helpful to review the most current information available on the website of the United States Bankruptcy Court for the Middle District of North Carolina, as it outlines the specific procedures and requirements for conversion.