How does this work in a chapter 13. I owe about $14,500 on my 2004 Chrysler sebring that is only worth about $7,000 if that. I bought the car in April 28,2007 through Americredit and refinanced with my credit union about the beginning of 2008. My question is how does the 910 cram down work; from the day I bought my car or from the date of my last loan? If it goes by current loan I'm not even close, if it goes by the date of my car purchase I would have to wait and file October 24th to reach 910.
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Filed Chapter 7 8/2006 Discharge 11/2006
Filing Non Dischargable Chapter 13 August 2009
*When this is done, I promise to never get in debt again cause this sucks :-(* -
I believe it's the date of the loan, which would be your refi date. Sorry! -
Yes, the date of the current loan (your refi date).Filed CH13 - 06/2009
Confirmed - 01/2010
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That's what I was afraid of *sigh* This sucks. I hate that I owe this much money on a car thats worth less than half.Filed Chapter 7 8/2006 Discharge 11/2006
Filing Non Dischargable Chapter 13 August 2009
*When this is done, I promise to never get in debt again cause this sucks :-(*Comment
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