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Bankruptcy

: The Debt Podcast

Chapter 13 Bankruptcy and Cars: ?Life is a Highway?

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Filing a Chapter 13 bankruptcy lets you do things you couldn’t otherwise do in a Chapter 7 bankruptcy.  One of the things you can do is “cram down” a vehicle.  It sounds a little violent, and I’m sure it feels that way to an auto lender. Here’s how it works.  Let’s say you owe $20,000 on [...]

Full post as published by The Debt Podcast on July 27, 2010 (boomark / email).

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