In a Chapter 13 bankruptcy, a judge can allow a debtor to pay the value of an item that is financed, rather than the amount of the loan. This is called a cram down. For example, if a person finances a vehicle and owes $20,000, but at the time of the filing of the bankruptcy, the car is worth only $5,000, the debtor would only have to payback $5,000. The bankruptcy judge would restructure the loan and