Friday, November 9, 2012
Bankruptcy What Is Car Loan Redemption
If you have applied for Chapter 7 bankruptcy or is considering filing for it, then you ought to be aware of the 722 Redemption, or Car Loan Redemption. This facet of the Chapter 7 Bankruptcy Law lets you keep your vehicle rather than having it repossessed or taken away to pay off a portion of your debt. Even though you are in debt of more money on your car than it is presently valued at, a 722 Redemption Loan could make it feasible for you to be in control of your existing financial
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Thank you Michelle for writing such an informative article on car loans and bankruptcy. I have found taking loan for two wheeler very useful as it allows you to quickly experience the vehicle at once without needing to worry about the payment.
ReplyDeleteRegards,
HCBL Bank - Tathastu