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What else can I help you with?
If you file Chapter 7 Bankruptcy can the lien holder on a car already repossessed that you are making payments on still collect?
IF its filed properly,NO. Why not ask your B/K attorney this question??? That's what you pay them for.
Chapter 13 bankruptcy be dissimisal?
You can get a Chapter 13 bankruptcy dismissal by asking your lawyer to ask the trustee for a dismissal. If you are having trouble making the payments, you can ask for you bankruptcy to be modified.
Can you keep your home if you file a chapter 13 bankruptcy?
Yes, as long as you keep making the payments.
Can your car be repossessed if it was in an accident and nearly totaled?
If you weren't making your payments yes. It would only be repossessed if you weren't making your payments.
Could vehicle get repo if co buyer is in bankruptcy?
The short answer is no. As long as you are making the payments the car will not be repossessed. When the co-buyer goes before the bankruptcy judge they can have the car included or excluded from the bankruptcy. If it's included then the car will be "voluntary" repossessed. If it's excluded then everything is "business as usual" for you. The key is to keep your payment current and on time.
We filed chapter 7 bankruptcy. When can the bank take the house?
When you either voluntarily give up the house or you stop making payments (foreclosure).
You kept making car payments after discharged in chapter 7 if you stop paying and don't surrender the car can the lender go and undo your bankruptcy?
No. But, the vehicle will become a repossession if payments are not made.
Can you keep a leased car in bankruptcy?
Yes, you can keep a leased car in bankruptcy, but it depends on the type of bankruptcy you file. In Chapter 7 bankruptcy, you may need to reaffirm the lease or negotiate with the leasing company to keep the vehicle. In Chapter 13 bankruptcy, you can often continue making payments on the lease as part of your repayment plan. It's essential to consult with a bankruptcy attorney to understand your specific situation and options.
What happens to your home when you file for Chapter 13 bankruptcy?
When you file for Chapter 13 bankruptcy, your home is generally protected from foreclosure, as the bankruptcy process allows you to create a repayment plan to catch up on any missed mortgage payments over three to five years. You can keep your home as long as you adhere to the repayment plan and continue making your regular mortgage payments. However, if you fail to comply with the plan or miss payments, you risk losing your home. It's essential to consult with a bankruptcy attorney to understand your specific situation and options.
Is a revolving credit card account considered past due if it was part of a Chapter 13 bankruptcy?
A revolving credit card account included in a Chapter 13 bankruptcy is not considered past due as long as you are making the required payments according to the bankruptcy repayment plan. During Chapter 13, your debts are reorganized, and creditors must cease collection efforts. However, if you fail to make the payments outlined in the plan, the account could become past due. Always consult with your bankruptcy attorney for specific guidance related to your situation.
If you file for bankruptcy and you cosigned for someone can the car loan be included in the bankruptcy if the person is not making their payments?
YES, you can include it whether the payments are current or not.
Can a motorcycle be repossessed if you haven't made payments in 6 months and then started making payments again?
Technically you breached the contract with the lender if you did not make payments in 6 months. They actually have the right to NOT accept further payments from you. So yes, it can still be repossessed.
