Month: February 2017

Crafting personalized and efficient legal solutions for you and your family.

  1. Home
  2.  » 
  3. 2017
  4.  » February

Bankruptcy and car loans

When a Michigan resident purchases a new car but then has difficulty making the monthly payments, giving up the car could still leave money that must be paid on the loan. If the lender sells it after a repossession for less than the loan balance, the remainder is...