WELCOME TO TITLE 11 FUNDING OF CALIFORNIA, INC.
Title 11 Funding of California, Inc. (TCA) is pleased to introduce our vehicle financing program for the purchase of a replacement vehicle for Chapter 13 debtors. The program is designed to allow post petition debtors to purchase a quality used or new vehicle providing the debtor a significant financial benefit. This program also allows post confirmation debtors who are current in their plan with a vehicle that no longer runs or requires repairs which exceed the value of the vehicle to purchase a quality replacement vehicle with Court approval.
SERVICES OFFERED
- Post Petition Replacement Vehicle Financing
- Post Confirmation Replacement Vehicle Financing
- Post Petition Lease Residual Financing
- Documentation Support
- More information...
ABOUT TITLE 11 FUNDING OF CALIFORNIA, INC.
TCA was founded in 2003 to service bankruptcy-impaired assets, both secured and unsecured of all maturities from credit issuers in a broad range of industries.
Originally providing vehicle Redemption Financing to Chapter 7 filers, TCA transitioned to Chapter 13 vehicle replacement financing in 2006. Our program is designed for those debtors who file a petition with a substantially under-secured vehicle where the proposed treatment of the 910 claim may unnecessarily burden both the debtor and the remaining creditors. The debtor is approved for the purchase of a new or late model, low mileage manufacturers warranted vehicle at an affordable payment from a reputable franchised dealership in their local area.
TCA also provides replacement vehicle financing to Chapter 13 debtors already in a Chapter 13 plan when their current vehicle breaks down and the cost of repairs exceeds the value of the collateral. Additionally, TCA also finances post petition lease residual from a current creditor when doing so would financially benefit the debtor.