0
What else can I help you with?
What is the maximum personal loan that can be discharge in chapter 7?
Chapter 7 has no maximum loan amount.
An item secured by collateral can be foreclosed on and sold unless you agreed to be responsible for the loan is what chapter?
chapter 7
What is a secured loan?
what is a secured loan
What is a partial secured loan?
Where only part of the loan is secured.
Is a mortgage considered a bond type security?
No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.No. A mortgage is a loan secured by real estate.
Are cars an asset when filing for Chapter 7?
Yes. There may of course be a liability of a loan secured by it you also need to report.
What makes a loan a secured loan?
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan.
Can you get a car loan before chapter 7 discharge?
No. And if someone wants to give you one, run away from that dealer.
Can you sell your car and payoff the loan after filing chapter 7 before the discharge?
You should be able to do so, yes.
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.
What does it mean when a debt or a loan is personally secured?
When a debt or loan is personally secured, it means that the person who took out the loan has used something as security in case they default on the loan. A mortgage is an example of a secured loan.
What is the example of secured loan?
A mortgage is a secured loan. Any loan that has a charge on assets is a secured loan - effectively, if you don't repay it gives the lender the right to take the goods against which the loan was granted.
