You need to contact the finance company and ask them to release the lien, it normally takes about 45 days. Please don't think that they will just give it to you they may state that you have moral obligation to pay but you do not have a legal one. Please remember that......do not affirm the loan and do not pay. Contact your lawyer and trustee if you have any issues with the finance company. I believe you will.
No
Probably there are much more chance that you will be loosing your house and vehicle by converting from chapter 13 to chapter 7 bankruptcy. There is a $25 conversion fee that has to be paid to the court. Depending upon the status of your chapter 13 case.
A co-signer is not usually on the title of a vehicle unless they are actually a co-borrower/owner. State laws govern how ownership of a vehicle is determined. A Chapter 13 is a consolidation bankruptcy, therefore the co-signer would not necessarily be relieved of the financial responsibility of the loan.
After the entry of the dismissal, the Chapter 13 trusee will send you a final accounting of how much was paid to each creditor.
yes
No.
A chapter 13 is a consolidation bankruptcy meaning the debtor presents a repayment schedule to the trustee/court. Secured debts are either reaffirmed or continued paid as agreed if there is not arrearages. Voluntary forfeiture of secured property such as a vehicle is still considered a repossession.
Yes, but the Chapter 13 debt will have to be paid off as a condition of the loan.
Chapter 13 goes up to 60 months but it can be shorter. You will receive the title to your cars when the loan is paid off. Often a car loan is not amended by the bankruptcy, and most loans are less than 60 months.
Your lien holder wants to be paid before releasing the car. You should consult with the attorney who is representing you in your bankruptcy. You cannot transfer title because you don't have clear title to transfer.
During a bankruptcy filing, the lending institution still holds interest to the vehicle if there is a pending loan. Some banks will allow you to continue to pay for the note and others will take the vehicle back, but in either case the option is theirs.
they were owned by nations bank---contact them