Explanation of Chapter 13 Creditors’ Anger at New York Debtors Who Choose to Keep Their Cars after an Accident

There are times when the less you owe a creditor under a Chapter 13 repayment plan, the unhappier the creditor. Take, for example, the case of the debtor who chooses to keep a car wrecked in accident that’s part of a Chapter 13 plan. Let’s say you file a Chapter 13 bankruptcy, and you’re making …

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