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Monday, August 14, 2006

Bankruptcy car loan

Chapter 13 Bankruptcy: Repay Your Debts by Robin Leonard (Paperback - Jun 4, 2005)

Excerpt - Page 2:
"... debt is secured if you stand to lose specific property if you don't make your payments to the creditor. Home loans and car loans are the most common examples of secured debts. But a debt might also be secured if a creditor has ...""

Excerpt - Page 3:
"... 7 There are many reasons why people choose Chapter 13 bankruptcy ... behind on your mortgage or car loan, and want to make up the missed payments over time ..."

Excerpt - Page 28:
"... EXAMPLE: Your original loan was for $13,000 plus $7,000 in interest (for $20,000 total). ... note that here. EXAMPLE: If the market value of your car is $5,000 but you still owe $6,000 on your car loan, enter $1,000 in this column ..."

Excerpt - Page 79 :
"For example, you could cure a default on a car loan if your car note has 40 monthly payments left on it and you are proposing a standard 36-month Chapter ..."

Content keyword : Bankruptcy Car Loan Payment Debts

posted by News at 8:04 AM

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