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What happens if you wreck your car after filing for Chapter 13 bankruptcy?
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
What if happens if you cosigned for car loan and the borrower files for bankruptcy?
if the consigner files bankruptcy can the borrower take the car
What about your car or airplane can you keep if filing bankruptcy for IRS debt?
You can't file bankruptcy "for IRS debt." You have to list all your debts and assets, and you can keep what you can exempt under state or federal laws. If you have little or no equity in an asset, you should have no problem.
Will it affect your car loan if you go bankruptcy?
Yes, filing for bankruptcy can affect your car loan. If you include the car loan in your bankruptcy filing, you may have to surrender the vehicle or negotiate a reaffirmation agreement to keep it. Additionally, bankruptcy can negatively impact your credit score, making it harder to obtain future loans. However, not including the car loan in bankruptcy may allow you to retain the vehicle, provided you continue making payments.
Can you cosign for a car if you are filing for bankruptcy in the future?
If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.
Can you get your car back if you file a chapter 7 bankruptcy before it is auctioned off?
If the lender is willing to reaffirm the loan with the borrower then the vehicle can be returned. A vehicle is a secured debt and is not subject to chapter 7 bankruptcy laws.
What are the laws regarding reposition after bankruptcy?
can they send a police to my house to repo my car? can they send a police to my house to repo my car?
Can you purchase another car before you file bankruptcy on another car?
sure you can, but you will loose new car when u file bankruptcy anyway.also need more than just a car payment to file bankruptcy. laws have changed to prevent people filing bankrupcy just to dodge paying there bills
What are the cheapest price for car leases?
The cheapest prices for car leases can be as low as $129 a month for a new car. In general, a car lease that is under $300 a month is considered to be cheap.
Where can one get information on swapping car leases?
One can get information on swapping car leases from online websites and a few guide books. Edmunds has a few articles on car lease swapping that is worth looking into.
Can you file bankruptcy if you caused a car accident?
Can you file bankruptcy if you caused a car accident?
I own a boat slip in intercostal waters. Does it fall under the jurisdiction of maritime or civil law in case of bankruptcy and can it be sold to help satisfy debts?
Bankruptcy is a set of Federal laws. YOU (not your boat, not your car, not your house) are using the Federal law by declaring bankruptcy. Your boat is personal (or perhaps business personal) property in those matters. Your house is another type of property or assset. Your savings account, yet another. Each has many sets of laws they are subject to. Even if it was a huge freighter on the high seas, in the Bankruptcy court, it is the rules of that court that hold.
How long do car leases last?
Yes, car leases do come in 3 year terms. I think that a 3 year term is also a good lease price because you do not feel too burdened with a car payment.
What happens if you wreck your car after filing for Chapter 13 bankruptcy?
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
Can I keep my house and car out of a bankruptcy?
You are normally allowed to keep the house you are living in and one car in a bankruptcy.
Where can one obtain information on car leases?
What Car dot com offers real in depth information on car leasing from the pros to the cons for different types of leases. Also check out Money Supermarket dot com for a complete guide to car leasing and a directory of car leasing providers.
What if happens if you cosigned for car loan and the borrower files for bankruptcy?
if the consigner files bankruptcy can the borrower take the car
