Sometimes simpler is not better. Sometimes cheaper is more expensive in the long run. Those thoughts occurred to me after meeting with a new client regarding her financial problems. The client, a 61-year-old single women earning $14 per hour, was struggling to pay $9,000 of credit cards. Her income had declined after a change in
Cramdown
Car & Truck Loans in Chapter 13
By Sam Turco on
Posted in Chapter 13
Just about the top priority of most of my clients is protect their vehicle. The good news is that Chapter 13 repayment plans not only protect the family vehicle, but they also include additional powers to make the loan payment more affordable.
One of the greatest powers of Chapter 13 is the right to…