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If you lease a car and file for bankruptcy what happens to the car?
Wiki User
∙ 8y ago
You will most likely still owe on the lease but the balance due might be dischargeable. But you will for sure lose the car. A bankruptcy attorney will be able to tell you for sure.
Wiki User
∙ 8y ago
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What happens if my car is repossessed and then I file bankruptcy?
Any leftover debt from that car repossession can be put in your bankruptcy petition..so if you owed $12k and the bank sold it for $6k..then you can file bankruptcy on the remaining $6k.
What if your husband files bankruptcy and you have a leased car?
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What happens if you wreck your car after filing for Chapter 13 bankruptcy?
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
Can you file bankruptcy if you caused a car accident?
Can you file bankruptcy if you caused a car accident?
Can you get your car back after a repossession if you file chapter 13 bankruptcy?
In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy
Can you lease a car in an open chapter 13 bankruptcy plan?
Yes
What happen if you file bankruptcy and have not been discharged and buy a car and have it finance?
If you file bankruptcy and you have not been discharged the car that you buy can be used to finance it.
If you use your car for your job can you get a loan to buy your car out of a lease now before you file for bankruptcy or is this illegal?
I believe you can if you are not thinking of filing bankruptcy before you get the new loan (hint-hint), or if some other transaction(s), after the new loan, makes you default and then you need to file bankruptcy. Paying off the lease will not make the vehicle immune to BK action. Actually it may make it more succeptible for seizure by the BK trustee if the allowed exemption does not protect the vehicle.
If I want to file bankruptcy but my car is in my aunt's name is there any way she can release it into my name and I file the car in with my bankruptcy?
must be yours for two years
Can you purchase another car before you file bankruptcy on another car?
sure you can, but you will loose new car when u file bankruptcy anyway.also need more than just a car payment to file bankruptcy. laws have changed to prevent people filing bankrupcy just to dodge paying there bills
Claim bankruptcy of your car for dwi lost?
can file bankrupcy if i lose my car
If you file for bankruptcy will you lose your car?
Need to know type of Bankruptcy 7, 13, 11 ??
