Archive for October 2015
The Auto Loan Cramdown in Chapter 13 Bankruptcy
If you are considering filing bankruptcy and you owe more money on your automobile loan than what the vehicle is worth then you might want to look into Chapter 13 bankruptcy protection. One aspect that is available only in a Chapter 13 case is the auto loan cramdown. As soon as you drive your vehicle…
Read MoreThe Chapter 7 Trustee – Who is this person and what do they do?
Who is the trustee and what do they do? Once your chapter 7 bankruptcy case is filed with the court a Chapter 7 Trustee is assigned to your case. The Trustee is an independent party that is supervised by the Office of the U.S. Trustee (a division of the U.S. Department of Justice). They are not…
Read More