Saving the vehicle sometimes is not the best option, so Chapter 7 bankruptcy gives you a safe way out.
Chapter 13 protects you while you catch up on your vehicle loan, or you may not need to catch up on that loan at all.
Bankruptcy can protect your car or truck. Both Chapter 7 and 13 can, but which do you need?
Chapter 13 buys you flexibility when you want to keep your home or vehicle, but might need to surrender it after all. But it’ll cost you.