Salsa,

I apologize for posting here but this is one of the sites I frequent and I saw some additional info that I did not know (or forgot). . .

The "risk factor" I wrote about does take into consideration the timing. If the vehicle was purchased only 4 months prior to filing the risk factor could include "bad faith". You may, and I stress the word "may", have a tough time reducing the rate to some factor above prime. The fact that the vehicle purchase is so soon before the bk can have an impact on whether or not the creditor files an objection. No harm in trying the cram down on the interest rate. If an objection is filed you can negotiate a settlement, much like I mentioned in my PM.

And. . . It is not the Trustee who sets the rate (unless there is some local rule - but I doubt it). It is "you" by the terms of the Chapter 13 Plan you propose to the Court, the trustee and the creditors.

Des.