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08-13-2008, 09:50 PM	#1 (permalink)
Repair Bad Credit Elite Member Join Date: Aug 2006 Posts: 1,835 Casino Cash: $300000	Underwater trade-in not protected claim in bankruptcy The 9th Circuit Bankruptcy Appellate Panel decided that the “negative equity” from an over encumbered trade-in was not entitled to payment in full in a Chapter 13 bankruptcy case. As a result, only the part of a car loan actually traceable to the price of the car will be protected from strip down in [...] More...

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