Your Car in Chapter 13 Bankruptcy
Learn how to deal with your car (and the related debt) in Chapter 13 bankruptcy.
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For the most part, you can keep your car when you file for Chapter 13 bankruptcy. If you are behind on car payments, you can make up the arrears through your Chapter 13 plan and avoid repossession. Even better, if you are upside down on your car loan (meaning you owe more than the car is worth), you might be able to reduce the value of your loan to the current replacement value of the car.
Articles on Your Car in Chapter 13 Bankruptcy
Here's an overview of Chapter 13 bankruptcy law as it related to your car.
If you are upside down on a car loan, you may be able to reduce it to market value.
Find out if a car loan lender can repossess your car during bankruptcy, and whether you can get it back if the repossession happened before you filed.
You can probably keep your car in Chapter 13 bankruptcy. But should you?
In Chapter 13 bankruptcy, you continue with your car lease, or you can terminate the lease and return the car. Learn more.
Whether you can keep two cars in Chapter 13 bankruptcy depends on a number of factors. Learn more.
Here's how to determine the replacement value of your automobile for bankruptcy.
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