A person, otherwise known as Chapter 13 debtor, who files a Chapter 13 bankruptcy case may generally retain a motor vehicle. In fact, if current on the loan payments, a debtor may make monthly payments on the loan outside of the Chapter 13 repayment plan....
§ 1322(b)(1) of Title 11 provides that a Chapter 13 plan of repayment “ may modify the right of holders of secured claims, other than a claim secured only by a security interest in real property that is the debtor’s principal residence…” "Cramming down" a...