Paying off a Chap 13 thru home equity loan

[Ms N]

Is it possible to pay off a ch 13 thru a home equity loan. I recently did a va streamline, & a week later we recvd an assesment from out local tax dept with about
14000 worth of equity & we are on a 5 yr plan in oct it will be 3 years into the plan,& we have paid our mortages on time for the last 3 yrs, we owe approx 14000 left on our plan, my husband & I both had job loss due to lay off for me, & he was without income while going through being approved for disability. Our first mortage is approx
92,000 & our last assessment from our local tax dept is 107,100. My credit score is low 600's & my husband is about the same, any suggestions, or have you seen any home equity financed to pay off a ch 13

[kimber6337]

Per Dave Ramsey (www.Daveramsey.com) Never turn unsecured debt into secured debt..especially when your home is at stake. IE don't take out equity in your home to pay off CC's.

IMHO of course since I tend to listen VERY carefully to what Dave Ramsey says :)

[firstsource]

I basically agree with Kimber. But FYI, there are some lenders that will "buy you out" of a Chapter 13.

Here is what I would ask yourselves:
How will getting out early help you? If you can make the payments, and there is no interest accumlating, then why not stay with the program?

If you are having a difficult time making the payments, Will having all the debt combined into one lump make things easier?

If having answered those questions, and it makes sense to you to get more info, please repost with the other questions you might have. Be glad to help you.
Charles

[Ms N]

Thanks for your reply, that little voice in the back of your head is validating all the advice that was given. Once again, good sound advice.