No,no,no. Different things entirely. Although both mean its well past yimr to get financial control and change your spending/lifesryle habits.
A disabled person's vehicle can be repossessed just as any other person's vehicle can be repossessed. You must make all payments on your vehicle if you want to keep it.
Depending on who the lender is and how they dispose of repos, it will go to the repo cos. storage lot and then to the auction.
It depends on you locatily, but in general, yes, if you are behind on your payment, your vehicle can be repossessed.
Slow pay, repo, and it gets worse from there.
by paying the bill or rebuy it at an aucton
Can you be a teacher if you go bankrupt ?
First, you have the burden of proof it was in the vehicle. This is nearly impossible unless you have photos of it in there as they took it. Judges are not sympathetic to those repossessed as there are so many who claim valuables lost while in impound or when repossessed. You will likely not be paid anything. Sorry, but the way the cookie crumbles.
Once you go bankrupt you are out of the game so you can go bankrupt once
it doesn't matter if the pope takes over your vehicle payments. if he stops making them, your credit is damaged and the vehicle is repossessed.
General Motors did go bankrupt.
Absolutely, anyone can go bankrupt!
Sometimes its easy and sometimes not. Dont go out of your way to do it. It will get found.