Yes, when a Chapter 13 is filed, an "automatic stay" goes into effect, which stops the title loan lender from repossessing the truck or other vehicle. Then you can repay the title loan over a long period of time, at a level that you can afford. Also, the interest rate can be greatly reduced, from 100% or more that the title loan finance company charges, to the Bankruptcy Court's interest rate. Currently our office provides 5.25% interest in Chapter 13 plans on title loans.

And if you have a source of regular income and otherwise qualify, we can get a Chapter 13 case started for you very inexpensively, usually for the costs only, which are currently $346 ($376 for a couple), with our entire attorney fee paid through the Chapter 13 plan.

J Thomas Black
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Board Certified, Consumer Bankruptcy Law- Texas Board of Legal Specialization