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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What Are You Waiting For? The Bankruptcy Filing Timeline

Cathy Moran

June 7, 2026

More than just a question. Once again Cathy offers new and seasoned attorneys a “gotta keep this one” resource on statutes that refer to numbers of days.

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Appendix – A Review of Residential Mortgage “Stripping,” Recent Developments and the Effect of 11 U.S.C. § 1111(b)

July 18, 2021

A Brief Summary of "Strip Down" and "Strip Off" Rules Lawrence R. Ahern, III Brown & Ahern Nashville, Tennessee Most Academy readers do not need an in-depth primer on lien-stripping, but this Appendix is designed to provide a high-level summary of the most important rules involved, as interpreted by the courts since enactment of the Bankruptcy Code and as affected...

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From the Editor

March 31, 2019

By Wm. Houston Brown, United States Bankruptcy Judge (Retired) Lien Modification - Modification of mortgage on mixed-use property. Reviewing the split of authority on whether a Chapter 13 debtor may modify a mortgage on property used for both business and residential purposes and when the use determination is made, the bankruptcy court adopted the filing date as the appropriate time...

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New Judge

The Academy

July 27, 2025

Mychal A. Bruggeman was sworn in as U.S. Bankruptcy Judge. bvvBruggeman will chamber in St. Paul.

Ensure You Understand Insurance in Bankruptcy

March 17, 2019

By Cathy Moran, Esq. (Redwood City, CA) Because its treatment varies so, we need to be asking more pointed questions of clients about both insurance policies and the debtor as beneficiary. Unmatured life insurance Starting with exemptions, §522(d)(7) makes an unmatured life insurance policy exempt without limit. So, the insurance element of a policy owned by the debtor is exempt...

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Justifying Reasonable Document Requests

November 7, 2021

By Sean G. O'Hair, Staff Attorney to Chapter 13 Standing Trustee Nancy Curry (Los Angeles, CA) Recent changes to the Handbook for Chapter 13 Standing Trustees promise to bring renewed scrutinyto the reasonableness of document requests by a chapter 13 trustee for documents that are not otherwise required to be provided by law.1 The basic idea appears to be that...

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Generative AI, Degenerative Ethics

Henry E. Hildebrand, III

July 27, 2025

The reliance on AI for the formation of a brief with citations without verifying the accuracy constitutes a violation of Rule 9011 and subjects the submitting attorney to monetary and non-monetary sanctions.

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Creditors’ Rights and Debtors’ Protections at the Intersection of Consumer Bankruptcy and UCC Article 9

November 29, 2020

By Lawrence R. Ahern III, Brown & Ahern (Nashville, TN) PART VI – CONSUMER FORECLOSURE PROCEDURES (CONCLUSION) Introduction In the consumer bankruptcy field, trustees and debtors' counsel often are uncomfortable with the rules in Article 9 of the Uniform Commercial Code (UCC). In this series for the NACTT Academy, we have looked at numerous topics involving the interplay of Article...

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Think a Chapter 13 Trustee Conference Isn’t for You? Think Again.

Jason Wilson-Aguilar

November 23, 2025

What if the conference you thought wasn’t meant for you turned out to be the one that could transform your practice? The NACTT conference may be the most valuable three days of your year!

Supreme Court to Consider Judicial Estoppel

M. Jonathan Hayes

November 9, 2025

Last month, the Supreme Court granted cert agreeing to consider the issue of judicial estoppel arising in a Chapter 13 case.

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

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Related Articles

What Are You Waiting For? The Bankruptcy Filing Timeline

Appendix – A Review of Residential Mortgage “Stripping,” Recent Developments and the Effect of 11 U.S.C. § 1111(b)

From the Editor

New Judge

Ensure You Understand Insurance in Bankruptcy

Justifying Reasonable Document Requests

Generative AI, Degenerative Ethics

Creditors’ Rights and Debtors’ Protections at the Intersection of Consumer Bankruptcy and UCC Article 9

Think a Chapter 13 Trustee Conference Isn’t for You? Think Again.

Supreme Court to Consider Judicial Estoppel

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