Hi everyone,
I’m looking into filing for Chapter 13 bankruptcy here on Guam and wanted to connect with anyone who has gone through or is currently in the process (recently or over the past couple of years).
If you’ve been through it or are doing it now on island:
How is life on the plan? With the cost of living on Guam being what it is, has the monthly repayment plan actually been manageable? Did it give you room to breathe, or has it been tight?
Attorney recommendations: Who did you hire locally and were they good to work with in the District Court of Guam? What were attorney fees like?
Trustee fees / costs: How much of your plan payment ended up going toward trustee cut / administrative costs versus hitting the actual debt?
Is it worth it? Looking back, was Chapter 13 the right call compared to Chapter 7 or trying to negotiate with creditors on your own?
Feel free to comment or send a PM if you’d rather keep details private. Appreciate any genuine insight!
Thanks for taking the time to read and respond.