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After you file bankruptcy how long does the creditor have to repossess a car?
Wiki User
∙ 8y ago
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.
Wiki User
∙ 8y ago
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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 to file chapter 7?
You do not have to be unemployed to file bankruptcy.
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.
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 should you wait after you get your lawsuit to file bankruptcy?
Winning a lawsuit will have no impact on your ability to file for Chapter 7 bankruptcy. If you are a judgment creditor, the judgment might become an asset of the bankruptcy estate and the bankruptcy trust might choose to sell the judgment or enforce the judgment for the benefit of your creditors.. if someone files bankruptcy on as credit card does that a third party has charged on and the debt is cleared dose the third party continue paying for a debt that is no longer there
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.
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.
Is it okay to purchase a car before you file bankruptcy?
Yes, as long as it is not excessive and you plan on paying it back. In other words don't buy a Mercedes if you usually drive a Honda. And any auto loan made within 910 days before bankruptcy cannot be discharged. So if you can't pay for it they can come repossess it.
Where can one file for bankruptcy or fraud?
In order to file for bankruptcy a person will need to hire an attorney or lawyer. Bankruptcy has long term financial consequences for the person so a competent attorney should be hired.
How long after discharge can you file an amendment for a lien left out of bankruptcy by accident?
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