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How Bankruptcy Can Protect Your Vehicle

Introduction
Car repossession can be stressful. Filing bankruptcy may allow you to keep your vehicle while
dealing with past-due payments.


Key Points

  • Chapter 13 can include car payments in your repayment plan.

  • Chapter 7 may allow you to redeem the vehicle by paying its current value.

  • Acting quickly is critical to prevent repossession.

  • In certain situations a car may be recovered from repossession, but not always.

 

Next Steps
Our team can review your situation and help protect your vehicle before filing with legal
strategies to delay or prevent a repo.

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