My question involves bankruptcy in the state of: California
We (my wife and I) are currently under Chapter 13 plan for over a year now. We have a car loan (established before Chapter 13 filing) that we have been paying separately. The car loan is for over $500 a month for a vehicle that gets poor gas mileage. We are asking the following question to make expenses more manageable.
Our question: If we trade-in our current car for a vehicle that's cheaper and gets more gas mileage, will the Trustee/court re-assess our status? Meaning will the Trustees re-evaluate what we should be able to afford to pay under our Chapter 13 plan?

