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Transcript:
00:03
Yes, you can keep your car if you file for bankruptcy. If it’s paid off, then uh then that’s going to be protected. But if there’s a loan on it, which most people have, then all that needs to happen is just continue paying those payments as they normally do. For someone that’s behind on the vehicle,
00:22
then often they pay it back through a chapter 13 payment plan. And many people are able to save money on their car by paying it through the chapter 13 with a lower interest rate and uh just the terms of the payback are changed.
