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Asked in NY May 26, 2022 ,  0 answers

Auto repo deficiency balance

How much of an auotmobile deficiency balance is paid bank in a chapter 13 bankruptcy.

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2 Answers

Anonymous
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Posted on / Jun. 30, 2008 16:47:00

Re: Auto repo deficiency balance

An automobile deficiency claim is an unsecured claim that is repaid in the same manner as other unsecured claims. How much unsecured creditors are paid in a chapter 13 bankruptcy depends on your income and/or the value of your non-exempt assets.

Anonymous
Reply

Posted on / Jun. 30, 2008 16:47:00

Re: Auto repo deficiency balance

An automobile deficiency claim is an unsecured claim that is repaid in the same manner as other unsecured claims. How much unsecured creditors are paid in a chapter 13 bankruptcy depends on your income and/or the value of your non-exempt assets.

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