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Recent Posts in Car Value Category

Keeping Your Vehicle During Chapter 13 Bankruptcy

Keeping Your Vehicle During Chapter 13 Bankruptcy While some Massachusetts debtors are able to get by without a personal vehicle, having reliable transportation is necessary to most. Whether it is a ...
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I am currently in a chapter 13 plan; Can I get a new car loan?

Yes, you can but you will need permission of the Court. While you are in chapter 13 bankruptcy you are prohibited from incurring new debt without permission of the Court. This means no new credit ...
Continue reading "I am currently in a chapter 13 plan; Can I get a new car loan? " »

My car is worth less than I owe on it! What can I do? Redeem or Cram Down.

Very often the value of your car is much lower than the amount of your outstanding loan. (Check the value of your car at Kelly Blue Book, www.KBB.com ). If this is your case bankruptcy may be able to ...
Continue reading "My car is worth less than I owe on it! What can I do? Redeem or Cram Down. " »
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