If your defendant file bankruptcy and is successful, then you can not collect. Sorry. You went to all that inconvenience for nothing. The only exception is if there was a willful fraud committed by the debtor or they incurred a debt by driving under the influence, or child support and possibly (now) alimony.
They both go bankruptcy
if the consigner files bankruptcy can the borrower take the car
They can be changed by the Court.
your wages still garnished
Need the right answer
If a car dealership files for bankruptcy, someone will purchase the accounts receivable as part of the bankruptcy settlement. That person or company should contact you and tell you where to make payments.
Nothing, the ticket is not a debt and would not be included in their bankruptcy. The ticket should still be good.
Banks are insured up to 100,000.00 by the government.
This sometimes happens after the judge has already ruled against the defendant. The attorney is attempting to change the judge's mind by providing him with facts that support his or her claims. The final ruling will be up to the judge. Think of it as a last ditch effort.
The primary would be held liable for the debt.
Her mortgage liability will be discharged.
The note becomes a part of the bankrupt individuals assets.