Call a local towing company to tow it away from your home.
I gave the pink slip but the holder of my promissory note never recorded a lien against my automobile. So at time of bankruptcy I can only think that it was an unsecured debt right? If so then I do not have to give the auto up since it should fall legally into the category of unsecured debt. Am I right or wrong here to think this?
Nothing unless you receive a clear title of ownership from the lender.
Depends on the company. Also depends on the financial status of that company. You can still have a bankruptcy. You never know.
If you are not making the required payments to the finance company that holds the lean on you car it may be repossessed. Proof of income is not required or relevant.
A dismissed bankruptcy whether voluntarily or done by the bankruptcy court will remain on a CR for the required 7 years.
No they never did file for bankruptcy
He never declared bankruptcy.
The company was "essentially bankrupt" in the 1960's, but has never officially filed for bankruptcy with the United States Government.
Most likely not depending on what financial situation you're in.
When you fill out the forms for the bankruptcy, make sure that you "reaffirm" the mortgage. That means that you will continue to pay the mortgage as agreed. The bankruptcy trustee that will be assigned to your case will guide you through the rest. HIRE AN ATTORNEY!! IF you own a home,,,NEVER go it alone for a bankruptcy.
No they are never going to be open. All of GameCrazy's locations have closed after parent company Movie Gallery's bankruptcy and liquidation.
contact the lending institution and offer to make partial payment in exchange for the title.
Bankruptcy never stops a garnishment, it just delays it. In the duration of filing bankruptcy you no need to worry about garnishment.
They will never be open again. All of GameCrazy's locations have closed after parent company Movie Gallery's bankruptcy and liquidation.
If our home is in foreclosure,and never reaffirmed the debt through chapter 7-how will it affect us getting a home?
Most attorneys love 'wrongful repossession" cases. Call one in your area.
I guess so. My uncle filed for bankruptcy and he's never been to Canada in his life.
I wanted to add to my original question...Our car was repossessed by the finance company because they said they found out someone else was using the car because of car payments being sent from a different address. AND, they stated that they wanted to see the condition of the car. I thought a car would only be repossessed if you were late on payments? I have never heard of this, so I don't know what is going on.
They would never have more rights than the mortgage company they bought it from.... This would seem very, very, highly unusual...and likely impossible...and why would they want anything if your current...if your not...well that's a different story.
Loan and security will always be active against the vehicle. It never goes away until paid or repossessed. Yes, the collateral may be repossessed at any time.
Then the car was never yours - it 'belonged' to the finance company until you have paid the full amount. When a person buys something they pay the seller the purchase price - you didn't pay that money, the finance company did, so they were the buyer and you were using it with their permission until you paid the price to them. The finance company will benefit from any transactions concerning it.
Return it to the dealer.
never because do to law
No. He declared bankruptcy, but was never in jail.