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In this video tutorial, John Skiba discusses car loans in bankruptcy, addressing common misconceptions about keeping a car, reaffirmation agreements, and whether they should be entered into. He explains the process of how car loans are treated in bankruptcy, specifically in a Chapter 7 bankruptcy where debts are categorized as secured debts with collateral, such as car loans and home loans. Skiba encourages viewers to subscribe to his channel for more information on dealing with serious debt problems.
