Tag Archives: pawn contract

• Pitfalls of a Pawned Vehicle in a Chapter 13 Case: Part I

  • Posted On: August 28, 2012
  • By: Win Mims

  One of the major benefits of filing a Chapter 13 case is the ability to modify (cram-down) a loan on a motor vehicle. Circumstances vary by case, but when a client has purchased a vehicle and has signed a standard “Retail Installment Contract”, generally the interest rate and principal balance can be modified (cram-down) and… Read More »

  • Posted in Chapter 13 Bankruptcy
  • Tagged bankruptcy attorney, Chapter 13 case, loan, motor vehicle, pawn contract, pawn transaction, pawnbroker
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