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Bankruptcy

: The Debt Podcast

Upside Down Car Loans Protected in 8th Circuit

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The Eighth Circuit ruled this week that certain types of car loans are protected from “cramdown”  in the Chapter 13 bankruptcy process, reversing decisions in Eastern Missouri. Agreeing with its sister circuits which have addressed this issue, the Midwestern federal circuit court of appeals concluded that loans made during the 910-day period prior to a bankruptcy [...] No related posts.

Full post as published by The Debt Podcast on September 11, 2009 (boomark / email).

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