Even Simple Chapter 7 Bankruptcy Can . . . Get You Out of Bad Vehicle Loan
Saving the vehicle sometimes is not the best option, so Chapter 7 bankruptcy gives you a safe way out.
cramdown
Chapter 13 Bankruptcy Helps You with a Vehicle Loan in Arrears In Ways Chapter 7 Can’t
Chapter 13 protects you while you catch up on your vehicle loan, or you may not need to catch up on that loan at all.
Can I Do a “Cramdown” on Collateral Other than My Home or Vehicle?
If you are buying something on time and want to keep it, you often can do so for less money IF you bought it more than a year ago.