Debt and Bankruptcy
Bankruptcy Law

Can you file bankruptcy if you own a car?

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Answered 2005-06-09 16:24:05

Yes, how the bankruptcy will affect the ownership of the vehicle depends on the state vehicle exemption amount and if the lender will agree to reaffirm the loan. If there is no loan/lien pertaining to the vehicle then only the state exemption will apply.

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Can you file bankruptcy if you caused a car accident?

Can you file bankruptcy if you caused a car accident?

Can you file bankruptcy if you own your home?

can a person file bankruptcy if the home is not under any mortgage?

Can you get your car back after a repossession if you file chapter 13 bankruptcy?

In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy

What happen if you file bankruptcy and have not been discharged and buy a car and have it finance?

If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.

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 you purchase another car before you file bankruptcy on another car?

sure you can, but you will loose new car when u file bankruptcy anyway.also need more than just a car payment to file bankruptcy. laws have changed to prevent people filing bankrupcy just to dodge paying there bills

What happens if you wreck your car after filing for Chapter 13 bankruptcy?

If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.

Can you file bankruptcy on a rent to own home in Pennsylvania?

Yes you can file bankruptcy. However the "rent to own home" is not owed by you and is still owned by the "landlord". You can continue with the "rent to own" or walk away. Bankruptcy is an entitlement to citizens for debt relief

Claim bankruptcy of your car for dwi lost?

can file bankrupcy if i lose my car

If you file for bankruptcy will you lose your car?

Need to know type of Bankruptcy 7, 13, 11 ??

Can you file bankruptcy and own a home?

You can but three things can happen depending on which type of bankruptcy you file. 1. You can either include the home in the bankruptcy and move out. 2. You can declare the house and exclude it from the bankruptcy and continue paying the mortgage. 3. You can include it in your bankruptcy and work out a payment plan with the court to continue paying the mortgage. The short answer is 'yes' you can file a bankruptcy and own a home.

You owe your sister money can you file bankruptcy on that loan?

If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.

Can you file bankruptcy on restitution?

No you can not file bankruptcy on anything that is court ordered.CAN YOU FILE BANKRUPTCY ON RESTITUTION?

If I hide my car until I file bankruptcy can I get in trouble?

If you hide your car before you file bankruptcy and get caught, it is fraud and as far as im aware there will be a prison sentance. If you need to file bankruptcy in the first place then maybe selling your car would be a good idea to pay off some of your debt to try and prevent bankruptcy, because it is a very serious thing and not recommended as a get out clause for not paying debt.

Can you keep a car if you file for chapter 7 bankruptcy in Florida?

Can I keep my paid off autos if I fie bankruptcy?

Will the credit of the co-owner but not cosigner of your car be affected if you file bankruptcy?

No, because the co-signor is not file a bankruptcy with you and the creditor will go after the co-signor instead of you.

Where can I find free information on reasons to file bankruptcy and how to claim and file bankruptcy on my own?

It's very difficult to file without a lawyer, but it can be done. The US government themselves lay out the process at http://www.uscourts.gov/FederalCourts/Bankruptcy/BankruptcyResources/FilingBankruptcyWithoutAttorney.aspx

Do you keep your car after you file bankruptcy?

It depends, usually after you file bankruptcy they take all your vehicles but one of them so that way you have one vehicle to get back and forth for emergencies. When you file bankruptcy and have a job, they usually limit the amount of money coming into your household too.

Do you have to file taxes before you file bankruptcy?

You have to pay and file taxes when due under the US tax laws, which even has it's own Federal Court System (The US Tax Court) Bankruptcy which is done under the US Bankruptcy Laws, which have their own Federal Court System (The Federal Bankruptcy Court) doesn't change any of the requirements. Apples & Oranges.

Will filing bankruptcy affect your car insurance?

I have file for Chapter 7 twice and it has had no effect on my car insurance.

You bought a car with a co signer can you file bankruptcy?

Sure. The co-signer will be responsible for the debt on the car.

If you cosigned a car loan for your daughter and the car got repossessed do you both have to file for bankruptcy?

Having a car or other item repossessed does not mean anyone has to file for bankruptcy. Bankruptcy is to protect you from creditors and should be sought if you owe more than your net worth and have no reasonable prospect of being able to pay what you owe.

Did Deltona Corporation file bankruptcy?

No they never did file for bankruptcy

Can you file bankruptcy on the state?

can you file bankruptcy utah unenploment

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