Regardless of how far behind you are on car payments, you can keep your Car by filing Chapter 13 Bankruptcy. This is still true even if the car has been repossessed. Provided you file Chapter 13 Bankruptcy prior to the car being sold at Auction, the Creditor must return you vehicle to you. Furthermore, you will not be required to cure the default in a lump-sum payment. In addition, you may be able to save an incredible amount of money by reducing the interest rate of your loan and, in certain circumstances, the actual amount you owe on the loan.