answersLogoWhite

0


Best Answer

file bankruptcy that bay you wont loose your stuff

User Avatar

Wiki User

โˆ™ 2007-11-29 20:11:35
This answer is:
User Avatar
Study guides

Loans

26 cards

What is forfeiture

Which of these is the best description of delinquency

Which term is defined as property that is pledged as security on a loan

This is Paula's monthly budget What percent of her expenses is spent on insurance

โžก๏ธ
See all cards
5.0
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
1 Review

Add your answer:

Earn +20 pts
Q: Which is better to file bankruptcy or voluntary repossession?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

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 file for bankruptcy with a repo on your credit?

The fact that you have a repossession on your credit report is not a determining factor of whether your can file for bankruptcy. Generally in bankruptcy you can remove the debts from the repossession of your vehicle.


How soon can you file bankruptcy after a voluntary dismissal of a chapter 13?

is it safe to file for voluntary dismissal of chapter 13 bankruptcy


Can you file a claim in a bankruptcy for repossession fees?

Sure


If you file bankruptcy do you have to pay the balance after a repossession?

It depends of which B/K you file and whether you complete it.


Can you do chapter 7 after repo?

There is nothing about a repossession which prevents eligibility to file for bankruptcy.


Can you file for a voluntary dismissal of a chapter 7 bankruptcy in California?

Yes


A bank may file a voluntary petition with the bankruptcy court?

True


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.


How long does the state of Florida have to file a voluntary repossession claim against you?

There is no specific time limit for a repossession in Florida. Florida law does not require a creditor to give notice before starting a repossession.


If you had a voluntary repossession in Illinois and receive a notice for the outstanding balance will the loan be wiped off if you file for bankruptcy or will the co-signer still have to pay?

the co-signer is just as responsible for the debt as you are, hence the name "co-signer"


Can a court order a company or person to file bankruptcy in the state of Georgia?

Bankruptcy is normally voluntary, however if your creditors feel it is required for them to get paid and you refuse, they can force it - an involuntary bankruptcy.

People also asked