Remove blog car-payments-and-car-repossession
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How to Remove a Repossession From Your Credit Reports

Better Credit Blog

When you stop making payments on an auto loan, the lender will take the vehicle back. In lending terms, this is called repossession. Read on to find out how to remove an invalid repossession from your credit report. Either kind of repossession hurts your credit score. Can A Repossession Be Removed from Your Credit Report?

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Can You Reaffirm a Debt in Chapter 13?

Sawin & Shea

In this blog, you’ll learn about whether you can reaffirm your debt in Ch. In this blog, you’ll learn about whether you can reaffirm your debt in Ch. A reaffirmation agreement is a document that re-obligates a debtor to repay a particular debt, such as a car loan, mortgage, or other loan type.

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CFPB Seeks Public Comment on Collecting Data on Auto Lending Market

Troutman Sanders

Over the past two years, car prices have risen significantly, leading to larger loan amounts and higher monthly payments. For example, publicly available repossession data is based on proprietary estimates and does not provide a level of specificity that allows for deeper analysis.

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How Much Debt is Needed to File for Bankruptcy?

Sawin & Shea

In this blog, we discuss details regarding bankruptcy you need to take into consideration before filing, including factors indicating whether or not you should file and whether you can discharge all of your debts. Secured debts refer to debts with collateral, like house payments and car payments.

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What is an Emergency Bankruptcy Filing?

Sawin & Shea

If you’re in an emergency situation such as wage garnishment, eviction, or pending repossession filing an emergency bankruptcy may be right for you. In this blog, we discuss when to file an emergency bankruptcy, how to file, and details about emergency bankruptcy abuse filing. When to File an Emergency Bankruptcy. What is Abuse Filing?

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What Assets Do You Lose in Chapter 7?

Sawin & Shea

In this blog, we discuss what assets and property a debtor may lose in Chapter 7 bankruptcy. Because Chapter 7 involves a Chapter 7 Trustee selling off certain non-exempt assets, many who consider this bankruptcy method worry about what assets and possessions they can retain. What Is Chapter 7 Bankruptcy?

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How To Remove Negative Items From Your Credit Report

Better Credit Blog

It’s smart to know how to remove negative items from your credit report, especially if you are soon to be applying for a mortgage or car loan. Whatever you’re dealing with, late payments, collections, charge-offs, or foreclosures, the following techniques can clean up your credit quickly. Payment status (e.g., Date opened.