Redemption (absent a negotiated agreement) involves paying a lump sum – for the market value of the vehicle. He can certainly do this, if he has the funds, or borrows them (there are companies that specialize in lending to chapter 7 debtors for this). He does not have a right to redeem by paying the balance on the vehicle loan, assuming that the cross-collaterization is valid under state law. I have a client whose former employer deducted over $6000 from her paycheck and never sent it to the trustee. The employer has since closed his business. This guy may file bankruptcy also.
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