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No, only unsecured debt is discharged.

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โˆ™ 2006-01-01 15:49:23
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Q: Will a car title loan be discharged by filing bankruptcy?
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Related questions

Can you apply for a student loan after a filing for bankruptcy?

Only if the bankruptcy is currently discharged.


Can you still get a loan after filing for bankruptcy?

Once the bankruptcy is dismissed or discharged it is quite acceptable to file for a new loan. In fact once your chapter 7 or chapter 11/13 is discharged, lending institutions will be lining up to loan you money. The potential of getting a loan approved if your bankruptcy is dismissed is extremely remote however. Considering the reasons for filing bankruptcy might be a good pre-loan application exercise though.


Is a car loan discharged under chapter 7 bankruptcy?

Whether your car loan is discharged by a bankruptcy or not will depend on your state and the equity in your car. Whether the loan will be discharged or not is called an "exemption".


Can you get a second mortgage after filing bankruptcy?

Yes, as long as the bankruptcy has been discharged, your credit score is 580+, and you earn enough income to support the additional loan.


Can you discharge a student loan on bankruptcy?

No, you can't get out of paying a student loan by filing bankruptcy.


How credit union collect bankruptcy loan that discharged?

If a loan from a credit union has been discharged in bankruptcy court, that credit union cannot collect and must write the loan off.


Can you include an SBA loan when filing bankruptcy?

Yes


Paying back a discharged loan after chapter 7 bankruptcy?

There is no reason to repay a loan after a discharged bankruptcy, if you have done so, you can reclaim all your money from the creditor (you'll have to go through court).


Can you get a loan after bankruptcy in Canada?

After filing for bankruptcy in Canada you may borrow money. The risk is borne by the creditor. During bankruptcy, after filing but prior to being discharged, you may obtain credit with a value of up to $1,000. without advising the creditor of your bankruptcy. Should you seek to borrow more than $1,000 you are obliged to advise the lender that you have filed for bankruptcy.


Will it be hard to obtain a home loan after filing bankruptcy?

Virtually impossible.


Can you file for bankruptcy and not default on a title loan?

Yes. With the lender's permission, you can reaffirm the loan at the time your bankruptcy is executed.


How do you get a car title after bankruptcy 1 year ago?

If there was a secured loan and you reaffirmed the debt in your chapter 7 and you have paid off the loan, you should get the title from the lender. If you surrendered the car to the lender in your chapter 7, your balance was discharged as an unsecured loan and you have not owned the car since you surrendered it.

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