We are converting our case from a Chapter 13 -- filed in Dec 2004, so we're old filers -- to a Chapter 7. We have a 2001 car that was included in the plan. The court set the value of the car at $7810. It was a priority debt and we have paid $9327 (the value + $1517 interest). According to the ch 13 plan, we are going to pay an additional $900 toward the unsecured portion of the car note. (25% of the unsecured amount). We have paid $157 of that $900.
Our lawyer says that we should be able to keep the car because we have paid for the value of it, plus some. Who is in charge of deciding whether or not we will be able to, the judge or the finance company? Does it seem like a problem or should we be preparing to pay off the additional unsecured portion after our discharge?
Our lawyer says that we should be able to keep the car because we have paid for the value of it, plus some. Who is in charge of deciding whether or not we will be able to, the judge or the finance company? Does it seem like a problem or should we be preparing to pay off the additional unsecured portion after our discharge?