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REPOSSESSION of VEHICLE FINAL &amp Form

REPOSSESSION of VEHICLE FINAL &amp Form

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another great reason for filing a Chapter 13 would be to save a car that's either subject to repossession or has already been repossessed and not yet sold at auction under chapter 13 you can take the total amount owed on your vehicle and stretch it out over a 5-year period in some cases you pay less than what's owed in some cases you have to pay the full contract rate depending on when you purchase that vehicle if your vehicle was purchased more than 2 and a half years ago you have an opportunity to reduce not not only the value but also the interest rate as to how much that creditor gets paid back in addition to that all of your other debt gets mixed in so if you have credit card debt personal loans medical bills debts for some to sort of service like past due utilities those all get Consolidated into the chapter 13 repayment plan and get get paid back either in full or a portion of the debt over time depending on your particular fact situation

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