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If you gave up a car in chapter 13 will you have to pay for it if the chapter 13 is dimissed?
Wiki User
∙ 14y ago
if your chapter 13 gets dismissed can you buy a car
Wiki User
∙ 14y ago
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Do we have to pay taxes on a house that we gave up filing for chapter 7 bankrupsy 2 years ago?
No
If you owe money on your car will it be taken if you file chapter 7?
No, you can reaffirm it and continue to pay your obligation.
Can i buyout my car lease while in a chapter 13?
In Chapter 13, you have the option to continue to pay for your car lease payment or you can opt out of your car lease payment. The trustee may not allow you to buyout a car lease if other outstanding secured debt needs to be paid.
Can you pay your car loan off while its included in your bankruptcy?
If you are in a Chapter 13 plan, you have to get permission to pay off a vehicle or sell a vehicle that is included in your plan.
Can a car company withhold the title after recovering your car from being repossessed and then take the car two weeks after you are discharged from chapter 13 without giving you a chance to pay?
KEYWORD "DISCHARGED"
Can you keep your paid off can worth 12000.00 and IRA when filing bankruptcy?
Not if its a chapter 7 BK; there is too much equity (value) in the car (since most vehicle exemptions are about $3,000 or lower. If filing chapter 13, it might be possible to keep the car. But if its a chapter 7, it is highly likely that the car would be seized and sold off by the BK trustee to pay off your creditors, or make you pay the difference between the car value and car exemption. (and before you ask- NO, do NOT sell your car to friends/family/neighbors, etc... for a $1)
How long does it take to complete a Chapter 13 bankruptcy?
when i was in chapter 13 i was in for four years. it go by how much you pay a month and how long it take to pay the loans back. ask your lawer they should have gave you paper work showing you step by step whats going on and how long your be in.
Will I lose my car in Florida filing chapter 7?
As long as you continue to pay your car note, PROBABLY not. Do not, fall behind on your payments though, ot it WILL be re-possessed.
Do you have to pay any sales tax if you give a car to your daughter in Florida?
Last time I checked, you did not have to pay sales tax in Florida if you gave someone a car. You had to pay a title transfer tax. That may have changed. It has changed a number of times.
What is the bankruptcy law that realigns auto loans to the true value of the car?
AnswerNot sure, but you didn't borrow the car, you borrowed the money. Answer:The law you are referring to is in regards to a Chapter 13 bankruptcy. If you have had the vehicle for a number of years and if you owe more than the car is worth, you can arrange to pay the present value of the car rather than the amount of the contract. over a time period of the chapter 13 plan. In a chapter 7 you can redeem the car and pay the full amount of what the car is worth rater than what you owe, but you are not entitled to an installment redemption, so usually this is not a realistic option.
When in chapter 13 and the pay off money is at the court trustees office to pay off loan can they still repo the car?
If you are currently in Chapter 13 and you HAVE NOT signed a relief of stay, they cannot repo vehicle. If you signed a relief of stay for that vehicle loan, then get your stuff out and leave the keys in the ashtray.
What type of bankruptcy do you file for unsecured debt and a car loan?
There are different types of Bankruptcy. Chapter 7 is for the debtor which has debts like medical bills,car loans etc. But if you want to pay back your debts then you can file Chapter 11 and 13 which has a payment plan. You can pay your debts through payment planning. Try to search more information about bankruptcy and ask a legal advice.
