answersLogoWhite

0


Best Answer

Why do you think the bank has to do anything? You signed a document filed with the court called "Statement of Intention" in which you said you were surrendering the motorcycle. You have to go to the bank and give them the keys and tell them where the vehicle is. They may direct you to take it to a specific location to surrender it.

If they want to abandon the property, they have to do it in writing.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What happens if bank does not claim a motorcycle after Chapter 7 bankruptcy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What happens if you have a workmens comp claim and the company files Chapter 7 bankruptcy?

Your claim is most likely covered by a WC insurance, either a prvate policy the employer had or one with the State. As such, your claim should be unaffected by the Bankruptcy.


If you are not listed as creditor on chapter 11 bankruptcy?

File a proof of claim


In a chapter 13 bankruptcy what if the trustee calls for an order expunging claim?

A judge or court may sometimes expunge a claim in bankruptcy court. This means that the claim is erased, as if it never happened.


How many times can you file Chapter 7 bankruptcy and can you claim taxes?

No limit


Can i sue someone if i am in the prossess of a chapter 7 bankruptcy?

Not as a rule. If the claim was something that arose after the filing, it will depend on the nature of the claim. If the claim arose prior to filing, you must have disclosed the claim in the bankruptcy documents and the trustee may take over the claim. Consult a lawyer knowledgeable in bankruptcy.


How hard is it to claim student loans on a chapter 7 bankruptcy?

I have been through Chapter 7 twice and both times was unable to claim my Student Loan.


Can you claim a chapter 13 bankruptcy if you have any equity in your house?

Yes. That is probably one of the times this would be the correct Chapter to use.


How does a creditor answer Chapter 7 bankruptcy?

By filing a proof of Claim, or by addressing questions/arguments to the court


What happens when a creditor doesn't file a proof of claim in a bankruptcy case?

If it is not a secured debt it will be included in the bankruptcy discharge.


Who can file a proof of claim in any bankruptcy proceedings?

In a chapter 7, with a no-asset notice, no claim can be filed. In a chapter 13, all creditors should file a proof of claim within the time period provided.


If I have have won a money settlement can a 20 year old chapter 7 bankruptcy make a claim against the funds?

No


Where do you get the forms needed to file a claim to obtain your child support after the father placed it on his chapter 13 bankruptcy?

You don't need any forms - child support is not discharged in bankruptcy.