When can you keep your car? What do you have to do ensure that you keep your car?
Research Notes:
• Chapter 7 can protect your car from a forced sale, chapter 13 may allow you to catch up on car loan debt (postpone the payment for a while)
• Chapter 7- state law determines what you can keep and what you can't keep.
• If you own the car- value determines whether it can be kept or not
• If you don't own the car (still owe money on it)- 1. reaffirmation: an agreement with the lender to keep making payments, and you agree not to receive a discharge of
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