Can I file for bankruptcy to include a repossessed car?
When I think of buying a car, I think of it as a fun experience. When you find the car that’s right for you, though, the next step is figuring out how you’re going to pay for it. If you default, though, and the car is repossessed, can you file bankruptcy for a repossessed car?
KEEP READING . . .Bankruptcy Gets a Little Tougher for Debtors Trying to Get a Vehicle Back
Many people file for bankruptcy because they may have defaulted on their car loan. Often in such cases, the creditor threatens immediate repossession, and the debtor files a case to either stop the repo, or to get the vehicle back. A recent case out of a federal appeals court may have made this situation a […]
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