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Wells Fargo - 722 Redemption or cash-n-drive?
I've got an '06 Toyota Matrix that I owe approx. $11,000 for, but present value is around $5500. The car payment is $395/month and payments are current. I'm trying to decide what's best - keep making the payment on time and drive the car until it dies, or buy it back from the Trustee for the $5500 difference....
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ever heard of 722redemption
My atty sent me this today...anyone one every heard of it??
http://www.722redemption.com/debtor.aspx
email to atty below
We are a finance company that provides
redemption or replacement loans to qualified consumers either currently in a
Chapter...
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Car loan-722? Any input on 722 redemption?
I was answering a post in the repossession section about an auto loan (http://www.bkforum.com/showthread.ph...lateralization) and this 722 redemption talk came up. I had recently also received a flyer in the mail about this 722 redemption thing, where...
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722 redemption same as 910 claim?
I have a autoloan from Capital one auto. I purchased it exaclly 2 years ago today. I owe $10,200 but the current value of the car is roughly $4500. I am not behind on my payments or anything but it would be great if I can reduce this debt. My lawyer said he would talk to me about a cram down claim also...
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