I have a friend who got one of those title loans (5K@ 199%). She's been trying to pay the $600 each month but the car finally got repossessed two days ago.
She's got this car and nothing else of value with about 16K in credit card debt.
If she files Chapter 13, will she be able to get her car back? Will she have to pay the $1600 to get the car back through the loan company and then file chapter 13 to keep her car?
Thanks!
She's got this car and nothing else of value with about 16K in credit card debt.
If she files Chapter 13, will she be able to get her car back? Will she have to pay the $1600 to get the car back through the loan company and then file chapter 13 to keep her car?
Thanks!
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