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NOT sure on this, but it seems that until they give up the right to repo by getting a judgment for the amount owed, they could still repo. Once they get the judgment, they would not have the car for security for the loan. Ill check on it and post again in a couple of days.
They may let it go due to lack of security, but remember: no payoff, no deed certificate.
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How long does a creditor have until they repossess a vehicle?
A creditor can repossess a vehicle at any time after a default(late payment, lack of insurance, etc.) occurs on the contract.
When filing for bankruptcy and including the car how long is it before the creditor collects the car and how does that work?
The loan company can repossess any car that the payments are delinquent on. Your BK does not prevent repossession of your car.
How long do you have to be unemployed before you can file bankruptcy?
You do not have to be unemployed to file bankruptcy.
How long after you file bankruptcy can you file again in Washington state?
8 years between discharge of bankruptcy to re-file.
Does chapter 7 protect from civil suit?
Yes, as long as the creditor is listed on the bankruptcy.
How long will bankruptcy prevent a foreclosure?
Bankruptcy will prevent a foreclosure but you still have to reaffirm the loan and begin paying or the bank will repossess your house regardless of bankruptcy. Bankruptcy temporarily halts the process for up to a couple months.
How long do you have to wait to file bankruptcy again in Georgia?
If it is a Chapter 7 Bankruptcy, you have to wait 8 years before you can file it again.
Can a mother and daughter file bankruptcy jointly?
the answer is yes, Yes mother and daughter can file bankruptcy jointly and also you and your husband will file bankruptcy jointly is still accepted as long as its not same sex marriage.
If someone cosigned a car loan for her husband and he couldn't pay and filed bankruptcy and she couldn't pay either would she have to file bankruptcy?
well if your husband is in bankruptcy they are not allowed to repossess the car as long as he is the one in possession of the vehicle, if they do repossess the vehicle you will have a pretty good lawsuit to hand them, if the car is repossessed or actually when , it will show up on both of your credit. so I have a website to help you www.stoptheREPOMAN.com we have repossession consultants that can help with your situation I STRONGLY RECCOMED YOU TRY IT.
In Kentucky How long after bankruptcy can you file chapter 7 and can you file chapter 13 after chapter 7?
You can file bankruptcy again 7 years after the last time you filed.
How long do you have to be unemployed to file chapter 7?
You do not have to be unemployed to file for chapter 7 or any bankruptcy.
How long do you have to wait to file bankruptcy after transferring a title to a vehicle?
Your ability to file BK is not effected.
