answersLogoWhite

0


Best Answer

You not only can, you must. All creditors must be listed in any bankruptcy filing.

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Can one put car payments on their bankruptcy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

I brought a car for my girlfriend daughterI filed for bankruptcy which I was discharge.I put the car down on the form to keep for her to keep making payments but she stop and the car is in her name.?

Open Bankruptcy means that your petition has been filed, but you have not yet received your discharge papers. The discharge papers officially relieve you of your debt.


What happens if my car is repossessed and then I file bankruptcy?

Any leftover debt from that car repossession can be put in your bankruptcy petition..so if you owed $12k and the bank sold it for $6k..then you can file bankruptcy on the remaining $6k.


Which hurts your credit worse bankruptcy or late payments?

Late payment will drive your credit score into the ground rapidly. Many people question filing a Bankruptcy even though their credit is shot through late payments on mortgages and other bills. Filing Bankruptcy put all collection activity on hold and your accounts show current and up to date as long as you make your payments on time. Most people are surprised tofine their credit in much better shape after a BK than before with a much higher credit score Late payments can always be corrected, and this will be reflected on your credit file. Bankruptcy, however, will stay on your credit file for six years.


If you filed bankruptcy and it was final and a reaffirmation agreement was signed but discharged by the courts you have always been current on your car payment can you keep the car and continue paying?

Long as you put it in your reaffirmation so that it will not be part of your bankruptcy you will be able to keep it. Same thing as with a house. Just as long as it was part of the agreement that it was not included in your bankruptcy then you are o.k.


If you file bankruptcy and Include a housemortgage and paid your payments up thru the point that your lawyer tells you to stop can they put foreclosed on the property or should it state included in ba?

Once bankruptcy is filed all proceedings against the filer are frozen and analyzed by the court appointed trustee.

Related questions

I brought a car for my girlfriend daughterI filed for bankruptcy which I was discharge.I put the car down on the form to keep for her to keep making payments but she stop and the car is in her name.?

Open Bankruptcy means that your petition has been filed, but you have not yet received your discharge papers. The discharge papers officially relieve you of your debt.


If you filed bankruptcy and one of the creditors had a lien on a car do you get the title back after the bankruptcy is final?

It really depends on the type of bankruptcy petition you file. If you file for Chapter 7 bankruptcy the creditor who put the lien on your car may be able to take your vehicle. If you file for Chapter 13 bankruptcy you'll have the opportunity to make payment arrangements with your creditor and in that case you should get the title back after all of your payments are made and your amended. contract with the creditor has been fulfilled.


Can you put your car you paid cash for in bankruptcy if i went to get a title loan on it?

no


What happens if my car is repossessed and then I file bankruptcy?

Any leftover debt from that car repossession can be put in your bankruptcy petition..so if you owed $12k and the bank sold it for $6k..then you can file bankruptcy on the remaining $6k.


Can a mechanic put a mechanics lien on your car as long as you are making monthly payments of some kind?

If you fail to pay the mechanic for services then they can put a lien on your car and this has nothing to do with you making the monthly payments on time.


What vehicles can be kept in a bankruptcy?

any car you have it has to be added to your bankruptcy but you get to keep it, as long as you don't go out and buy a brand new car then file , that wont work they wont put that on you will have to pay for it


When is the best time to give back a vehicle when bankruptcy is an issue?

IF YOU GOING TO FILE BANKRUPTCY KEEP YOUR CAR AND PUT IT IN YOUR BANKRUPTCY IF YOU NEED YOUR CAR. IF YOU JUST WANT TO GIVE IT BACK JUST GIVE IT BACK ANY TIME BUT THE LOAN STILL GOING ON YOUR CREDIT FILE SO IF I WAS YOU I'LL PUT IT IN WHAT EVER CHAPTER YOUR FILEING.


What if you dont have the car you put up for collaterall?

This is foolish if you cannot pay the payments. Get the car back or risk repossession.


How much does a Car payment cost?

It depends on the price of the car. The more money you put down the smaller your payments are. I have seen payments for as low as 99 dollars (cheap car) to as much as 500 dollars. Really expensive car.


How much i should put down a deposit for a car to buy?

The more you put down the smaller the monthly payments will be.


Which hurts your credit worse bankruptcy or late payments?

Late payment will drive your credit score into the ground rapidly. Many people question filing a Bankruptcy even though their credit is shot through late payments on mortgages and other bills. Filing Bankruptcy put all collection activity on hold and your accounts show current and up to date as long as you make your payments on time. Most people are surprised tofine their credit in much better shape after a BK than before with a much higher credit score Late payments can always be corrected, and this will be reflected on your credit file. Bankruptcy, however, will stay on your credit file for six years.


You want to put your car up for take over payments how do you do that?

Put an add in your local for sale and want adds, and advertise it as take over payments. BEWARE , there are some people who may say they will pay and wont but you will still be liable for the payments. Get the transaction in writing.