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Auto Loans and Financing
Repossession
Liens

What can you do if you gave the pink slip up and then went through a bankruptcy and the company never repossessed the car?


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Wiki User
2015-07-17 17:38:46
2015-07-17 17:38:46

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?

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Depends on the company. Also depends on the financial status of that company. You can still have a bankruptcy. You never know.

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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.

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A dismissed bankruptcy whether voluntarily or done by the bankruptcy court will remain on a CR for the required 7 years.

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No they never did file for bankruptcy


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