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If you have a car repossession can it be settled if in several months you go into bankruptcy?
Wiki User
∙ 16y ago
If by settled, you mean get your car back, no, unless the bankruptcy was filed before the car was sold at auction (unlikely to be several months).
Wiki User
∙ 16y ago
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How many months in 2011?
12! The Western calendars have settled into 12 months in a year for several thousand years.
In Texas how many months before repossession?
No months. It will be more like weeks or days. In practice, you can be one day past due and the lender can send your vehicle for repossession. It might be months before the actual repossession happens; it will depend on how difficult it is for the agency to secure it.
How long does the repossession process of a car usually take?
The repossession process of a car usually takes about 6 months
How late can a vehicle payment be in Virginia before repossession?
I am a repossession agent in Virginia it takes 2-3 months of not paying before the repossession status occurs.AnswerI am a repossession agent in Virginia it takes 1 missed payment then repossession status occurs.
You have been bankruptcy for 20 months can you bye a house?
yes
Should you let your car get repossessed or file bankruptcy or what if you wrecked your car with no insurance and you are 3 months behind on payments?
The Lender may or may not want to repo a wreck. Bankruptcy, same deal. Call the lender, tell them what the car looks like, and let them decide. ___ File bankruptcy if you are buried in unsecured debt, not to save the car. Especially a wrecked car. ___ "Repossession" looks slightly better (not MUCH better) on a credit report than a Chapter 7. Let it get repossessed.
How long will bankruptcy prevent a foreclosure?
Bankruptcy will prevent a foreclosure but you still have to reaffirm the loan and begin paying or the bank will repossess your house regardless of bankruptcy. Bankruptcy temporarily halts the process for up to a couple months.
Can you stop your bankruptcy while in process?
You will be discharged usually after 12 months, on the first anniversary of the bankruptcy order, but there are different dates which might apply to you.
What is active bankruptcy?
Active bankruptcy means an individual or business has filed paperwork for bankruptcy and the case is ongoing. This takes quite some time in many cases and the case can be active for awhile.
Can a house be added to a bankruptcy after 9 months into the bankruptcy?
When you file bankruptcy, you must include ALL assets that you own. You can't pick and choose. This is considered fraud upon the court. So, absolutely not.
Can a person file for bankruptcy from out of state?
Venue lies in the federal bankruptcy court district where the person has lived for the past 6 months, or most of the past six months. Since it is a federal court, it has jurisdiction over all issues from another state. Consult an experienced local bankruptcy lawyer.
What is in chapter 7 for bankruptcy information?
In Chapter 7 bankruptcy, you would achieve the end ultimately faster, and basically be able to restart your financial life sooner. It is the most common form of bankruptcy and debts would be discharged months after filing the bankruptcy.
