secured debt

May 14, 2012

Options with Your Vehicle Loan under Chapter 7

Your car or truck loan may be the most important debt you have. Chapter 7 puts you in the driver seat for dealing with this debt.
June 25, 2012

Debts You Really Care About, and WANT to Pay

In bankruptcy, are you allowed to favor: 1) creditors with collateral, so that you can keep the collateral; 2) creditors toward whom you have special loyalty; and 3) creditors who have extraordinary leverage against you?
June 27, 2012

Keeping Your Wheels in Bankruptcy

Under Chapter 7, you can pay your vehicle loan mostly by getting rid of all or most of your other debts. Under Chapter 13, you can pay your vehicle loan ahead of most of your other creditors.
July 6, 2012

Can I Do a “Cramdown” on Collateral Other than My Home or Vehicle?

If you are buying something on time and want to keep it, you often can do so for less money IF you bought it more than a year ago.
July 9, 2012

Are Paying Debts a Moral Obligation?

Yes, you have a moral obligation to pay your debts. But do you have higher moral obligations to release yourself from those debts?