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During a bankruptcy filing, the lending institution still holds interest to the vehicle if there is a pending loan. Some banks will allow you to continue to pay for the note and others will take the vehicle back, but in either case the option is theirs.

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18y ago

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Related Questions

Can you file chapter 13 if you have 2 cars in your name with liens on them?

Yes


What can you file Chapter 13 on?

What is Legal to file Chapter 13 on ?


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


How many years after filing bankruptcy can you do it again in Massachusetts?

In Massachusetts, you can file for bankruptcy again after a Chapter 7 discharge once eight years have passed since your previous Chapter 7 filing. If you filed for Chapter 13 bankruptcy, you can file for Chapter 7 again after six years, provided you have not paid off your unsecured debts in full. For a subsequent Chapter 13 filing, you can do so after two years from your last Chapter 13 discharge.


When can you file chapter 13 after filing chapter 13in the past?

You can file a another 13 after 2 years have passed from the previous 13 filing date.


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 again if you filed in may 2005 on chapter 7?

You can file a chapter 13 bk, but NOT another chapter 7.


What percentage of unsecured debt is paid to the debtors involved in a chapter 13 bankruptcy?

The percentage paid to unsecured creditors in a Ch 13 is determined by your disposable income. Secured creditors get paid at 100%, house and car payments remain the same. What's left over gets paid out to those unsecured creditors who file proofs of claim. If a creditor does not file a claim, then that creditor does not get paid.


Are you allowed to keep your primary home and investment property if file you chapter 7 or 13?

If I file chapter 7 or 13 how long can I stay in my house?


In Kentucky How long after bankruptcy can you file chapter 7 and can you file chapter 13 after chapter 7?

You can file bankruptcy again 7 years after the last time you filed.


How long does it take after you pay off chapter 13 bankruptcy to get your papers and titles on your cars?

Chapter 13 goes up to 60 months but it can be shorter. You will receive the title to your cars when the loan is paid off. Often a car loan is not amended by the bankruptcy, and most loans are less than 60 months.


Can you file a chapter 13 solely on your primary residence if your husband has filed a chapter 13 solely in the past?

No.