Wednesday, November 11, 2009

When is Chapter 13 a better choice than a Chapter 7?

November 11, 2009

If you have a car that was purchased more than 910 days before you file bankruptcy, Chapter 13 might be a better option for you as opposed to Chapter 7  In a Chapter 13, if your car was purchased more than 910 days before filing, section 506A valuation will apply to your plan.  This means [...]

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