file bankruptcy that bay you wont loose your stuff
In GA Can you get your car back after a repossession if you file chapter 13 bankruptcy
The fact that you have a repossession on your credit report is not a determining factor of whether your can file for bankruptcy. Generally in bankruptcy you can remove the debts from the repossession of your vehicle.
is it safe to file for voluntary dismissal of chapter 13 bankruptcy
Sure
It depends of which B/K you file and whether you complete it.
There is nothing about a repossession which prevents eligibility to file for bankruptcy.
True
Any leftover debt from that car repossession can be put in your bankruptcy petition..so if you owed $12k and the bank sold it for $6k..then you can file bankruptcy on the remaining $6k.
the co-signer is just as responsible for the debt as you are, hence the name "co-signer"
Bankruptcy is normally voluntary, however if your creditors feel it is required for them to get paid and you refuse, they can force it - an involuntary bankruptcy.
Voluntary bankruptcy refers to a situation where an individual or business entity chooses to file for bankruptcy in order to have their debts discharged or restructured. It is initiated by the debtor themselves, rather than being forced into it by creditors or other external factors. By filing for voluntary bankruptcy, the debtor acknowledges their inability to repay their debts and seeks legal protection and assistance in resolving their financial situation.
Yes, it is called bankruptcy. Move quickly though. If the lender obtains a judgment against you before you file bankruptcy, you will still owe on the loan.