Just filed this week. I have a vehicle that I owe just over $12K on. The KBB trade-in (lowest value) is about $20K. I called my CU today to talk about modifying the loan. My current payment is $650 and they are willing to drop the payment to $400. Also, I thought I was just one month behind but...

I have a autoloan from Capital one auto. I purchased it exaclly 2 years ago today. I owe $10,200 but the current value of the car is roughly $4500. I am not behind on my payments or anything but it would be great if I can reduce this debt. My lawyer said he would talk to me about a cram down claim also...