Can I Keep My Car When I File Bankruptcy?

Debtors often wonder what will happen to their car when they file bankruptcy. In most cases, you get to keep your vehicle during and after your case is closed. Even if you are behind on payments when you file you may be able to retain possession of your vehicle through exemptions offered. The outcome of [...]

By | 2017-12-13T02:13:05+00:00 June 14th, 2013|Repossessions|Comments Off on Can I Keep My Car When I File Bankruptcy?

Can Bankruptcy Help Get My Vehicle Back After Repossession?

Filing Bankruptcy After Repossession Bankruptcy is known for helping people stop vehicle repossession when they file before the lender attempts to take the property. But what happens if the repossession has taken place before your petition was filed? Can you get it back? There is a possibility you can get your vehicle returned to you [...]

By | 2017-12-13T02:13:22+00:00 March 27th, 2013|Repossessions|Comments Off on Can Bankruptcy Help Get My Vehicle Back After Repossession?

Can My Car Get Repossessed After Filing for Bankruptcy?

Getting Repo'd After You Filed Bankruptcy If you've fallen behind on car loan payments, it's common to worry about your vehicle getting repossessed . Debtors who file for bankruptcy protection often do so when they fall behind on paying bills or are struggling to make ends meet while trying to pay for necessities each month. So if [...]

By | 2017-12-13T02:13:37+00:00 March 5th, 2013|Repossessions|Comments Off on Can My Car Get Repossessed After Filing for Bankruptcy?

Can I Keep My Vehicle in Chapter 7 Bankruptcy?

Many consumers may wonder if they can keep their vehicle in a Chapter 7 bankruptcy .  There is a motor vehicle exemption that may help protect your vehicle including any equity it may have.  In understanding how much protection you qualify for includes reviewing the amount of equity you have in your vehicle.  This often [...]

By | 2017-12-13T02:13:50+00:00 January 31st, 2013|Repossessions|Comments Off on Can I Keep My Vehicle in Chapter 7 Bankruptcy?

Can Bankruptcy Help Me Keep My Motorcycle?

Consumers interested in filing bankruptcy may come across myths and misconceptions that cause confusion.  For instance, some are under the impression that as soon as they file bankruptcy they must surrender their assets.  This isn't true and it's not often the case.  If you have a motorcycle it is likely you'll be able to keep [...]

By | 2017-12-13T02:14:08+00:00 December 13th, 2012|Repossessions|Comments Off on Can Bankruptcy Help Me Keep My Motorcycle?

How Chapter 13 Bankruptcy Can Help You Keep Your Vehicle

Can Filing Chapter 13 Help You Keep Your Vehicle? Chapter 13 bankruptcy is a repayment plan that helps reorganize debt obligations. Payments are made based on a schedule that's approved by the court. While the chapter is commonly known for helping debtors keep their home and prevent foreclosure, it can also help you keep your [...]

By | 2017-12-13T02:14:27+00:00 August 14th, 2012|Repossessions|Comments Off on How Chapter 13 Bankruptcy Can Help You Keep Your Vehicle

Subprime Car Loans And Bankruptcy’s “910 Day” Rule

Bankruptcy's 910 Day Rule Debt troubles don't really have a timeline where things start out bad and then get a better over time. To the contrary, debt troubles start out slow and then snowball into an avalanche of financial crises which usually end only once the debtor files bankruptcy. That's why bankruptcy's 910 day rule [...]

By | 2017-12-13T02:14:42+00:00 August 15th, 2011|Repossessions|Comments Off on Subprime Car Loans And Bankruptcy’s “910 Day” Rule

How Should Debtors Handle Repossessions When Considering Bankruptcy?

If you're behind on your car payments you have probably considered filing bankruptcy. The only problem is that if your car is repossessed and sold at auction before you file your bankruptcy, there is no way of getting it back.  So what should a debtor do if they are facing repossession while they are still [...]

By | 2017-12-13T02:14:55+00:00 July 28th, 2011|Repossessions|Comments Off on How Should Debtors Handle Repossessions When Considering Bankruptcy?

Post-Bankruptcy Survival: Facing Car Repossession?

If you're a few years out of bankruptcy and facing financial difficulties again, it can be disheartening. For debtors who reaffirmed a car loan or took on a new car loan after their bankruptcy discharge, unemployment, underemployed or a medical crisis can bring on a slew of issues including vehicle repossession. So how do you [...]

By | 2017-12-13T02:15:10+00:00 February 1st, 2011|Repossessions|Comments Off on Post-Bankruptcy Survival: Facing Car Repossession?

Three Myths About Car Repossession

Debtors who have fallen behind on their car payments are at risk for vehicle repossession. Unfortunately, in their attempts to find out how they can save their car from repossession, they are the victims of misinformation and outright scams. Common Myths About Car Repossession Below are few myths about car repossession that every debtor needs [...]

By | 2017-12-13T02:15:24+00:00 August 17th, 2010|Repossessions|Comments Off on Three Myths About Car Repossession