Central District Consumer Bankruptcy Attorney's Association

If the vehicle was purchased more than 910 days and is worth less than the amount owed or the interest rate is high then you may cram down in a plan. d off before the plan ends, if the car is in good repair and what the client needs. This takes some of the air out of the Trustee's objection to the vehicle, otherwise the Trustee will tell the client to surrender the car and get a new one. Easier said than done at that point.
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I am new to bankruptcy and I have a dumb question. On a chapter 13 if there are car payments, and the debtor is current, is the car payment paid outside the plan ?
Arnold Hernandez
I am new to bankruptcy and I have a dumb question. On a chapter 13 if there are car payments, and the debtor is current, is the car payment paid outside the plan ?Arnold Hernandez

The post was migrated from Yahoo.