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If you owe money on your car will it be taken if you file chapter 7?
Wiki User
∙ 12y ago
No, you can reaffirm it and continue to pay your obligation.
Wiki User
∙ 12y ago
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Can you keep your house and car if you file chapter 7?
Sometimes. It depends on the value(s) of the home and car and how much money you owe on them if any.
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
What happens when a car is repossessed in the state of Georgia?
The car gets taken to the impound lot, and you have to file paperwork and pay a certain amount of money to get your car back.
If a bank repossesses a car do they have to return it if you file Chapter 7 bankruptcy?
No.
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.
Will filing bankruptcy affect your car insurance?
I have file for Chapter 7 twice and it has had no effect on my car insurance.
When a car get reposed in California can you file chapter 7 to get creditor of your back?
Yes.
Can you keep your car that you are still paying on if you file chapter 13 bankruptcy in NM?
Generally yes.
Why am i paying for a car in chapter 13 bankruptcy that i don't have?
Depending on the circumstances, you may be able to adjust that amount or file for a chapter 7 if you're eligible.
If I file Bankruptcy-7, will I be able to keep my 401k/ my home/ and my cay?
Chapter 7 is a liquidation bankruptcy, you are giving up your assets. If you want to keep your home and car you would need to file a Chapter 11 Bankruptcy.
If you stop making your car payment while waiting for your chapter 7 bankruptcy to be discharged how long until your car is taken from you and will you be able to get another car?
It is up to the creditor to file a motion for relief from stay in order to take back the car. Your ability to buy another car will only be limited by your ability to find a willing seller and a willing lender.
What happens if car is totaled in chapter 13 but no claim was filed for the car?
A car is not totaled in a chapter 13. A car may be totaled while the owner is in a chapter 13. If the car was fully exempted, nothing happens. If you need to buy a new car, you will have to get permission from the bankruptcy court after you file a specific purchase agreement (car loan) which should not seriously affect your plan payments. Why are you not asking your lawyer?
