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    #1

    Trading a vehicle

    If I took my 11 year old car and traded it in at a dealer for a newer model before filing chapter 13 would that be considered a transfer of property issue by the trustee. If so how long would I have to wait to file.
    Tags: None
    #2
    I did the same thing without issue. I am in the state of WI and we filed 7.
    Attorney Retained/Paid: 1-4-10
    Online CCC-Completed & Cert Received: 1-8-10
    Filed Chapter 7 1-18-10.
    341 3-10-10 ~~~ Last Day to Object: 5-10-10

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      #3
      This is pretty common. Go for a car within IRS limits.
      19% dividend

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        #4
        You need a new car to have a successful Chapter 13, go trade it in.

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