Sacramento Bankruptcy: Can you use Chapter 13 to get lower car payments?
Sagaria Law has also used Chapter 13 reorganization to get lower car payments and consolidate debts for Sacramentans. Chapter 13 allows you to reduce the amount you pay the finance company by paying only the value of the vehicle and interest. Any amount above that is paid only a percentage on the dollar. Even if your car has been repossessed, it is not necessarily to late to force the finance company to return the car and have your car payments reduced. Still, it is important to move quickly. Just like the car payment, other payments can be reduced to a percentage on the dollar. To take advantage of these options, contact the Sacramento office of Sagaria Law.