Cars & Bankruptcy: What You Must Know to Get It Right

By Cathy Moran, Mt. View, CA

It’s time for a summary and refresher on dealing with car loans in bankruptcy.

Somehow, my staff hit a wall this week on what information we needed about cars and car loans.

Then, we stumbled on what to do with that information.

So, here’s my roadmap to cars in bankruptcy. Fasten your seat belt: here we go.

Car value

A reliable value for the car is essential in any form of bankruptcy. It drives exemption planning . . .

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