When you file bankruptcy can you keep your car you are making payments on, if they are current? Can you do the credit consulting online? thanks
2006-09-26 07:05:29 · 5 answers · asked by Derick Graham 2 in Business & Finance ➔ Personal Finance
When you file for bankruptcy, they contact all your creditors and give them a specific amount of time to notify the court of your debts. You can keep your car, your house, etc as long as you keep paying for it and they are listed as one of your creditors. It is also possible that if they don't get listed, then you have protection from the bankruptcy court for non payment and them re-poing it, but I would definately keep paying. It will be bad enough having a bankruptcy on your credit report let alone adding a repo to it.
2006-09-26 07:14:19 · answer #1 · answered by Sandi A 4 · 0⤊ 0⤋
You should take a look at the options you can find at: FINANCE-SOLUTION.US
RE Filing Bankruptcy in California?
When you file bankruptcy can you keep your car you are making payments on, if they are current? Can you do the credit consulting online? thanks
2014-10-01 06:45:00 · answer #2 · answered by Anonymous · 0⤊ 0⤋
yes,you can if you file on chapter 13.You still have to list everything include the mortgage,the car... then your attorney will give you the estimate how much the monthly payment will be ,depend on your income.When they give you a list to fill out what you spend every days,try the highest amount,so the payment will be lower.
2006-09-26 15:41:01 · answer #3 · answered by colorado 3 · 0⤊ 0⤋
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2016-10-01 09:31:38 · answer #4 · answered by alisha 4 · 0⤊ 0⤋
You can generally keep one car - they might make you downgrade it. The car dealer would want to continue getting money from you.
Use - http://www.cccsintl.org/ - never, ever use a credit counseling service that charges. Nuff said.
2006-09-26 16:29:34 · answer #5 · answered by larry n 4 · 0⤊ 1⤋