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Hi,yes every single debt will be erase,the only debts you can't erase with bankruptcy are past due taxes,everything else is wipe out,thats why is called "fresh start" .

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โˆ™ 2015-07-16 18:05:27
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Q: If you have your car repossessed but still owe money on it can you clear this debt by filing for bankruptcy?
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Related questions

Can your car get repossessed after bankruptcy?

not if you still owe money on it

Can your car be repossessed after filing bankruptcy if you are up to date on payments?

On the surface, no. As long as you have not defaulted on the loan contract, there is no reason for repossession. The lender wants your money, not your car.

Can you still owe money after your car is repossessed and you are bankrupt?

You still owe the balance after the insurance money is paid, if there is a balance. You can only get rid of it, along with your other unsecured debts, by filing bankruptcy.

Can you get garnished money back after filing bankruptcy?


Can you spend money before filing bankruptcy?


Should you take your money out the bank before filing bankruptcy?


If property has been seized before filing bankruptcy does stay apply to said property?

It depends on the nature of the seizure. A repossessed vehicle has to be returned i it has not been auction to a 3d party. If money was seized by a tax agency, maybe.

How do you get money owed to you from a landlord if he says hes filing bankruptcy?

If you're in Texas.... GOODLUCK!

Can you lose your horses in a bankruptcy filing?

yea, they are your possetions, so the bank will sell them to get money back

Does bankruptcy take care of evictions?

Bankruptcy will not take an eviction off of the credit report. Any money that is owed to a previous landlord can be put in the bankruptcy filing and paid through that

How can money be kept when filing bankruptcy?

It can't be kept. All assets must be declared, even cash. Anything left out can be treated as bankruptcy fraud.

How will you know when someone who owes you money has filed or is in the process of filing bankruptcy?

Set them straight, what ever position you or they are in.

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