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SC Bankruptcy Attorney Russ DeMott
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  • Home
  • About Russ
  • Get Help!
    • Privacy Policy & Terms of Use
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    • Moncks Corner Bankruptcy
    • Mt. Pleasant Bankruptcy
    • Summerville Bankruptcy
    • West Ashley Bankruptcy
    • Charleston Bankruptcy
    • Goose Creek Bankruptcy
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    • Hanahan Bankruptcy
    • Walterboro & Colleton County Bankruptcy
  • Video Links
  • Bankruptcy In-Depth
    • Bankruptcy Myths
    • A Chapter 7 Bankruptcy Trustee’s Perspective

Daily Archives: December 16, 2009

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What’s a Redemption?

Bankruptcy Myths, Chapter 7 bankruptcy, Valuation of PropertyBy Russell DeMottDecember 16, 20093 Comments

Written by Charleston Bankruptcy Lawyer, Russell A. DeMott There’s a term you hear in the car business all too often: “upside down.”   You’re upside down on your car loan when you owe more than the car’s worth.   With a procedure available in Chapter 7 bankruptcy called “redemption,” you can use this to your…

SC Bankruptcy Attorney Russ DeMott
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