You heard 1/2 the truth. IF what you heard was completely true, EVERYONE would do the B/K deal and get FREE cars. One time at least. No candy for you.
Probably yes. The reason for the "probably" is that you don't file bankruptcy on specific loans... you file bankruptcy in general, and it applies to most debts (there are certain types of debts that are not dischargable in a bankruptcy). Note that if you do file bankruptcy, you may have to sell the vehicle. In bankruptcy you are often required to sell certain assets in an attempt to at least partially pay off your creditors; you're allowed to keep a certain amount of equity in a vehicle specifically, and a certain amount in "general assets" (which can be applied to a vehicle or to cash or other personal property), but if the vehicle is worth more than that, you would have to sell it.
You can only keep the vehicle under two circumstances: (1) sign a reaffirmation agreement and keep making payments; or (2) redeem the vehicle by paying of the balalnce. If you fail to do either, they lender can get permission from the bankruptcy court to repossess the vehicle. In some states, such as Missouri, you may keep the vehicle if you continue to pay on it.
What's the most outdated thing you still use today?
How do you get 1000000 robux for free?
The more you take the more you leave behind what am I?
Why do flies rub their hands together?
How many people signed the Declaration of Independence on July 4 1776?
A farmer has 19 sheep All but 7 die How many are left?
What does program mean in brain teaser?
How many square miles in a 5 mile radius?
What were George Washingtons false teeth made from?
Who was Yale University named after?
What determines whether you are left or right handed?
What would you do if the internet was suddenly gone?
What is the longest plate appearance in MLB history?
What is the official name of the Statue of Liberty?
Why can't we remember our dreams?
How are people chosen to be featured on U.S. currency?
What are the benefits and possible pitfalls of having an official curriculum?
Does Jeff Lynne have grandchildren?
What negativity did Paul Harvey report about Andrew Wommack?
What is the conflict of the story our lady's juggler?
What do scientist do before forming an hypothesis?
What wounds did wilfred Owen have?
BA-28 which is a recommended water-skiing safety practice?
In which circumstances is displacement is the same as distance traveled?
Copyright © 2020 Multiply Media, LLC. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply.