Vehicle Titles
Bankruptcy Law
How do you get the lien released on your car title after bankruptcy when the car was awarded as exempt property?
Wiki User
2006-08-23 00:23:55
If there is a loan for the vehicle it must be paid off before
the lender will release the title. The bankruptcy exemption status
does not confer ownership of the vehicle to the BK petitioner
unless the vehicle was already owned free and clear. It simply
indicates that the car was not subject to BK procedure.
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