Archive for February, 2014
If you have a vehicle loan, waiting to file bankruptcy until after you’ve had it for at least two and a half years may save you thousands of dollars.
Timing is Everything
One of the countless reasons it is crucial for you to get legal advice from a good bankruptcy attorney is to take advantage of laws about the timing for filing your case.
One of the best examples of this is the vehicle loan cramdown law. If you qualify for cramdown, you can keep your vehicle while potentially paying hundreds of dollars less per month and thousands of dollars …