Ch. 13 3rd car

[ran1]

I plan on filing in April. I currently have 2 cars. I am interested in purchasing another car soon. I would like to buy the car without trading in either of my cars due to both being upside down. I would then list one of the cars for sell and if unable to sell give it up in my Ch. 13. Does anyone see any problems with this plan.

Thanks in advance for any answers

[justbroke]

Yes.

Why not just give up (surrender) the car you don't want and the most upside-down... by just specifying such in your Plan?

Why even try to "sell" it??? Makes no sense.

Also, it's difficult to sell a car that has a lien on it. The other person couldn't get a clean title without you satisfying the lien. I wouldn't even try this. Just give up one or both of the upside-down cars in the Chapter 13 Plan.