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Car pmts: Pref Treatment?

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    Car pmts: Pref Treatment?

    I hope to redeem my car or reaffirm. But for that to work out, I have to keep making the pmts.

    Is it considered preferential treatment if I keep making the car pmts but not pay the cc companies?
    TIA!
    Don
    Filed Pro Se on 8/4/11 (No Asset, Chapter 7)
    Redeemed Automobile ProSe (722 Redemption),Discharged on 11/3/11

    #2
    Payments on a Secured Loan are not considered preferential payments.

    If they were we would all be in deep poo.

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      #3
      Thx. That's what I thought. Just looking for a 2nd opinion.
      Don
      Filed Pro Se on 8/4/11 (No Asset, Chapter 7)
      Redeemed Automobile ProSe (722 Redemption),Discharged on 11/3/11

      Comment

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