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Repossession
Mortgages
Bankruptcy Law

If you file bankruptcy do you have to pay the balance after a repossession?


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Wiki User
2015-07-15 19:27:40
2015-07-15 19:27:40

It depends of which B/K you file and whether you complete it.

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There's no minimum. If you can't pay your bills you file bankruptcy.

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no no, it's up to the company if they want to let you keep it or not, some of them think that if your'e filing BK then your'e not going to pay them.

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You can file bankruptcy for two possible reasons: you are unable to pay your debts or your creditors file for bankruptcy if you owe them more than 1000 dollars.


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