A free guide for New Jersey residents considering bankruptcy. Filed in D.N.J..
You need trustee approval and a court motion to purchase a vehicle during Chapter 13. The trustee will evaluate whether the purchase is necessary and whether the payment fits your budget. Interest rates are typically higher. Used vehicles are more likely to be approved.
Filed in D.N.J.. Courthouse: 50 Walnut St, Newark NJ.
You need trustee approval and a court motion to purchase a vehicle during Chapter 13. The trustee will evaluate whether the purchase is necessary and whether the payment fits your budget. Interest rates are typically higher. Used vehicles are more likely to be approved.
Yes. This applies to D.N.J.. Local trustee practices may vary. Consult a qualified attorney.
50 Walnut St, Newark NJ.
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