if you file bankruptcy while you still owe on a car payment, what happens?
BroadWithInk asked:
If im making payments on a new car, and I file for bankruptcy, what happens to the car?
If im making payments on a new car, and I file for bankruptcy, what happens to the car?
if you stop payment–repo
Comment by Ralph N — November 16, 2009 @ 8:25 am
ok if i learned anything about bk from answers it is — seek the advise of a lawyer — the firest visit is free and he will tell you if you are even able to file — no one can answer this question with the info given!!!!
Comment by mister ed — November 19, 2009 @ 4:25 am
Nothing…assuming you continue to make payments on the car. If you stop paying, then they can repossess it. You don’t have to include your car payments in your bankruptcy if you don’t want to.
Comment by Steven V — November 20, 2009 @ 11:40 pm
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