Can someone explain the mechanics of adjusting the interest rate on auto loans down to the Till rate?
I have 2 car payments which exceed the IRS auto ownership standard "allowance" so rather than fight about it I thought it would be best to just concede that point to the trustee and take the lesser amount. But now I'm thinking I'd like to recoup much of that difference through the lower interest rate of Till.
I bought the cars specifically to sponge up some money that would otherwise go to unsecured creditors in the 13.
I have 2 car payments which exceed the IRS auto ownership standard "allowance" so rather than fight about it I thought it would be best to just concede that point to the trustee and take the lesser amount. But now I'm thinking I'd like to recoup much of that difference through the lower interest rate of Till.
I bought the cars specifically to sponge up some money that would otherwise go to unsecured creditors in the 13.
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