Category: Chapter 13 Bankruptcy
Chapter 13 Bankruptcy: How to Lower Your Auto Loan with a Cramdown
Posted Thursday, Jul 17, 2025
If you’re dealing with overwhelming car payments during bankruptcy, a Chapter 13 cramdown could be the solution. This legal option lets you reduce what you owe on your car loan to match the vehicle’s current market value. It can also lower your interest rate and make monthly payments more affordable. Under Texas bankruptcy laws for […]
Car Loan in Chapter 7 vs. Chapter 13 Bankruptcy
Posted Monday, May 19, 2025
Filing for bankruptcy can create a lot of uncertainty, especially when it comes to buying a car. Whether filing for bankruptcy under Chapter 7 or Chapter 13, there may be concerns about what happens to a car loan. At REVV-elation Auto Sales LLC in Houston, TX, it is understood that reliable transportation is important for […]
