chapter 13?

[juggalo9er]

is it possible for someone 2 years into a chapter 13 -3 years left to refi a car.....current rate is 17% they have good income and live in flint michigan i was thinking a local cu or dcu maybe if scores are high enough

[Creditaddict]

---

@juggalo9er wrote:

is it possible for someone 2 years into a chapter 13 -3 years left to refi a car.....current rate is 17% they have good income and live in flint michigan i was thinking a local cu or dcu maybe if scores are high enough

---

If the car is included in the BK then you can probably try and might not even have to go through trustee since you are not taking on new debt, you might even be saving.

[StartingOver10]

It has to be included in the BK. The op is right in the middle of a Ch 13. All assets have to be included as well as all debt. The only difference with a Ch 13 is the payment plan. OP talk to your attorney first to see if this is a possibility. Specifically ask your attorney if you save $X on the monthly payment will you have to modify the Ch 13 plan and send the extra funds to the trustee?

Having said that, the OP has to get trustee approval for any change during the Ch 13.