Nothing unless you receive a clear title of ownership from the lender.
If you still owe money, it may be repossessed at any time.
Not if the debt was discharged in the bankruptcy. If the judgment was on the credit report before the bankruptcy was filed and/or was discharged in the bankruptcy, the entry will still remain on the CR for seven years.
Ask your B/K attorney for state specific advice. I usually reccommend you call a local towing company to tow it away.
My 1990 bankruptcy is still being reported on my credit reports. I was told they may remain for 20 years. So far this is true. We shall see in another two years.
Let me get this straight. You filed B/K over 5 yrs. ago and the car was/is repoed recently? If this is correct, the car will be sold and the lender will want you to pay the balance still owed.
it is 120
Debts included in the bankruptcy should be noted as such in the credit report. The bankruptcy will remain on the credit report for ten years.
1st bankruptcy = 7 years 2nd bankruptcy = 20 years 3rd bankruptcy = life
Demand verification of the debt.
If they repossessed it as part of the bankruptcy (and you didn't get it back), probably yes. However, the bankruptcy itself is a bigger black mark than the repo, especially since it can stay on your credit report longer (up to 10 years after filing, though some bureaus remove Chapter 13 after 7 years; repos only stay for 7 years).
I think yes..there is no relationship between filing bankruptcy and apply for citizenship.filing bankruptcy is a personal issue its not a any crime or what.its true that it will be remain in your name for some years but it does not affect on your citizenship.
Bankruptcy is never really cleared. Companies usually stop considering it as an issue for credit, after seven years. It still remains in many consumer reports.
No....10 years from discharge
The debts which were wiped out in bankruptcy still stay on your credit report, but they should be listed as "Discharged in bankruptcy." They will still stay on your credit for 7 years (they don't get extended to 10 years like the Chapter 7 just because they were discharged in bankruptcy). Please note that nothing in this posting or in any other posting constitutes legal advice; this is simply my understanding of the facts, which I do not warrant, and I am not suggesting any course of action or inaction to any person.
Three years after bankruptcy you inherit, does that affect your inheritance
Yes, 3 years after discharge of the Bankruptcy.
bankrupcires stay on for 10 yrs. But when you gfinalize the bankruptcy the debts are automatically removed anyways.
It adversly effects your credit for 7 years. Except for a Chapter 7 bankruptcy which remains on the report for 10 years, no bad debt can stay on your credit repair beyond 7 years from the date the debt was originated. The law is on your side that it must come off.
Its permanent its just that after 3 you can apply for an early release and after 7 you are automatically released.
A bankruptcy usually stays on your credit report for 7 years. If you forgetadebt on the bankruptcy petition, it may may be 7 years from the time the bankruptcy petition was amended, but otherwise it is from the time the bankruptcy became file.
A bankruptcy is "on" your credit report the instant you file it and will not be removed for 7-10 years. Its a public record. If you dismiss the bankruptcy the day after filing, it will still show up.
Anytime a bankruptcy shows up on a credit report, the credit score associated with such a credit report will be ranked as fair or poor. Four years is still considered "recent" concerning bankruptcy, so poor is the best that one can hope for. Bankruptcies stay on the credit report for ten (10) years.
The SOL starts when you made the last payment.