No, you can reaffirm it and continue to pay your obligation.
Sometimes. It depends on the value(s) of the home and car and how much money you owe on them if any.
In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy
The car gets taken to the impound lot, and you have to file paperwork and pay a certain amount of money to get your car back.
No.
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.
I have file for Chapter 7 twice and it has had no effect on my car insurance.
Yes.
Generally yes.
Depending on the circumstances, you may be able to adjust that amount or file for a chapter 7 if you're eligible.
Chapter 7 is a liquidation bankruptcy, you are giving up your assets. If you want to keep your home and car you would need to file a Chapter 11 Bankruptcy.
It is up to the creditor to file a motion for relief from stay in order to take back the car. Your ability to buy another car will only be limited by your ability to find a willing seller and a willing lender.
Yes, you can lose a car if you file for bankruptcy, but it depends on several factors, including the type of bankruptcy you file and the value of the car. In Chapter 7 bankruptcy, non-exempt assets may be sold to repay creditors, which could include your car if it's not protected by exemptions. However, if you file for Chapter 13 bankruptcy, you may be able to keep your car by restructuring your debt and making payments over time. Always consult with a bankruptcy attorney to understand your specific situation and options.