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  • About Bankruptcy
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Posts Tagged ‘car loan’

Chapter 13 Bankruptcy Will Prevent Repossession Of Your Vehicle

By Pete Jarvis | June 19, 2020

Chapter 13 will prevent your vehicle from being repossessed.  As soon as you file a Chapter 13 you get the benefit of the “Automatic Stay” which is a mechanism created by the Law that immediately stops all collection efforts.

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COVID-19 & Bankruptcy in North Carolina

By Pete Jarvis | May 8, 2020

Bankruptcy & COVID-19
1. Is Bankruptcy An Option?
2. File Bankruptcy Now Or Later Or Never?
3. Type Of Bankruptcy To File?

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4 Reasons Why Bankruptcy May Be A Better Option Than Debt Settlement Or Debt Consolidation

By Pete Jarvis | October 25, 2019

4 Reasons Why Bankruptcy May Be A Better Option Than Debt Settlement Or Debt Consolidation
1) Bankruptcy Should Be “Option Of Last Resort”
2) Debt Is Too Large To Pay Back
3) Tax Consequences
4) Unsecured VS. Secured Debt

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What Happens to My Car if I Declare Chapter 13 Bankruptcy? – 4 Things To Know

By Pete Jarvis | October 16, 2019
Woman driving a car

What Happens to My Car if I Declare Chapter 13 Bankruptcy? – 4 Things To Know
1) Paid Off
2) Pay The Value VS. Pay What Is Owed
3) Cramdown The Interest Rate
4) Option: Turn In The Vehicle And Discharge The Debt

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