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While in a Chapter 13 debt repayment, the person(s) involved must have the permission of the assigned trustee before making major financial transactions. Failure to do this can result in the dismissal of the filing and/or other penalties.
Not quite true. You can purchase a new car by obtaining a specific car loan agreement which does not seriously affect your chapter 13 plan payments and filing it with the court with a motion to approve the loan. The chapter 13 trustee must also agree to the new car loan. The details vary somewhat from one bankruptcy district to another, so consult a local bankruptcy lawyer.
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What happens if car is totaled in chapter 13 but no claim was filed for the car?
A car is not totaled in a chapter 13. A car may be totaled while the owner is in a chapter 13. If the car was fully exempted, nothing happens. If you need to buy a new car, you will have to get permission from the bankruptcy court after you file a specific purchase agreement (car loan) which should not seriously affect your plan payments. Why are you not asking your lawyer?
Can you give me the name of the form I need in order for me to be allowed to purchase a new car after I have filed for bankruptcy?
If you have filed bankruptcy, you are not going to be financing any new cars any time soon.
Where can one purchase New Chapter organic supplements?
There are many places where one can purchase New Chapter organic supplements. One looking to purchase New Chapter organic supplements should visit on the web sources such as Overstock, Vitacost, and the official New Chapter website.
after a chapter 7 is discharged can you file a new chapter 7, if you had filed a 7 but is not discharge, could you file a 13 to save your home. I am not sure when i filed chapter 7 and i am having trobule with employment due to econemy, been through 2 dif?
Yes, Chapter 13s are filed to try to help individuals from losing their houses.
If you are in bankruptcy can you still purchase a new or used car?
If it is chapter 7 and has not been discharged then, no. If it is a chapter 13 then the bankruptcy filer would need the permissin of the trustee to make any major financial transactions.
Does buying a new car with an open bankruptcy affect your bankruptcy?
If you filed a Chapter 7 bankruptcy and buy a car before the discharge is issued, there's no impact on your case. If you're in Chapter 13, however, your disposable income post-filing until discharge may be considered property of the estate; in addition, if you're financing the new car then you likely need to have the court's permission before entering into the financing agreement.
How can you get out of a new car purchase?
Sell it.
Can a new car dealer finance a new car purchase?
Yes, new car dealers can finance a new purchase. Many dealers work with multiple banks to help find financing for their customers.
Can you return a new car in Washington state?
After a car purchase, can I return the car?
If there are 3 years left on a Chapter 13 on a vehicle only and the car is starting to break down can a new car be purchased or are you out of luck?
This question is so fact-specific that it defies an easy answer. Under most circumstances, I would say "yes," you can buy a new car. To buy a new car in Chapter 13 (or to finance anything for that matter), one has to request permission from the Court PRIOR to the purchase by filing a "Motion to Purchase," which describes what one wants to buy, why they want to buy it, and how much it will cost. One normally also has to address what impact the purchase will have on their monthly expenses (Schedule J) and how that may affect their Chapter 13 Plan payment (don't worry, your lawyer will take care of all these details). So long as the Court approves the new purchase, everything's roses. However, the situation may be one in which it is preferable to convert to Chapter 7, surrender the dying car, and buy a new car afterward, or it might be better to stay in Chapter 13 and finance the car, or it might even be best if one dismisses their Chapter 13 and then buys the new car. There are so many factors which could affect which option is in the debtor's best interest that it is imperative for the debtor to consult their attorney. Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.
Can you cancel a car purchase in NJ?
No you can not cancel a car purchase in New Jersey. There are however exceptions to this such as if the car has a serious mechanical defect.
How long do you have to wait to file another chapter 7 if you filed one before the new bankruptcy laws took affect?
8 years from the date of discharge of the previous chapter 7.
