My car was repossessed, if you file bankruptcy, will i get it back?

Answer 1

It depends on where you live. In some states the repossession is not final until your redemption rights are exhausted. If you file you may seek return of the car but you will most likely have to show proof of insurance and the bankruptcy court may limit your use of the car. You should contact an experienced bankrupty lawyer. There are a number of experienced practitioners who are part of the National Association of Consumer Bankruptcy attorneys. Find it on the web at nacba.com.

Answer 2

There are situations where you can file a chapter 13 bankruptcy in order to get the car back. But be careful and make sure you really want it back.

Time is of the essence, get to a bankruptcy attorney as soon as possible. An emergency filing may be possible.

Answer 3

You'll need to check with your bankruptcy attorney regarding your state's laws concerning this matter. FYI...under the "new" bankruptcy law you can only redeem (payoff), surrender (voluntarily repossess) or reaffirm (sign a legally binding agreement to exclude the debt from the bankruptcy) the debt. Be very careful with bankruptcy...the ramifications are long term (7-10 years!)

Answer 4

It may pay you to pay off the arrears on the car and get it back, before you file for bankruptcy. In some states you can then keep the car if you need it for your work. Ask at a CAB

If you get any visits from bailiffs do not believe ANYTHING they tell you and take anything you wish to keep to friends and relations before hand. Good luck

Answer 5

At QUOTESDEAL.internet- you will discover the final financial strategies RE could I record financial disaster first or enable my motor vehicle get repossessed? ok, right here is the deal. i substitute into stupid and youthful and enable myself get talked into determining to purchase a neon 4 yrs in the past. the motor vehicle is having some significant subjects with the transmission and the restoration costs greater advantageous than i could have adequate money. the guarantee has expired and that i owe greater advantageous than this is nicely worth(duh). i'm unable to get authorized for a motor vehicle because of the fact my credit is undesirable and the motor vehicle provides approximately 5,000 onto the flair loan. I even have another debt I accumulated mutually as i substitute into unemployed and could not pay my charges and that i'm questioning approximately submitting financial disaster. I understand that if I record financial disaster they won't incorporate the motor vehicle because of the fact I owe way greater advantageous than it somewhat is nicely worth. So the question is do I enable them to re-po it first and then record financial disaster and if so do the two seem on the credit record? help! And thank you in develop to all of you that provide severe solutions.

Answer 6

depends on the state. in florida u have 10 days after the repo to recaim you car. if you can bring the back payments up to date. after that bankrupt or not you can no longer claim that car. but after it has been sold at auction the balance that your still liable to pay can be discarged in bankruptcy. Good Luck

Answer 7

No. That would kind of be like a reward for not paying your payment. Bankruptcy would mean that you don't have to pay anymore payments, legally. But, no car!!!!

Answer 8

Nope, too late. In most states, the only way to get it back is to pay it off or bring the payments up to date.

Answer 9

Greetings!

To late. Had you filed before the repo, then you would have been able to keep it. ( with a court structured repayment plan)

Good Luck

Answer 10

Hmmmmmmmmm.

While I give you points for both creativity and desperation, the answer is HELLLLLLLLL NO!