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| Subject:
clime bankruptcy
Category: Miscellaneous Asked by: 1jaybird-ga List Price: $8.00 |
Posted:
23 Oct 2005 04:13 PDT
Expires: 22 Nov 2005 03:13 PST Question ID: 583778 |
i climed bankruptcy two week ago,and this week i got my car repossessioned. Is the bankruptcy protecting me from creditor suing me for the remaining amount . |
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| There is no answer at this time. |
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| Subject:
Re: clime bankruptcy
From: us_blues-ga on 24 Oct 2005 11:21 PDT |
Have you already received the disposition that your case is closed? If you filed for Chapter 7 bankruptcy and your case is closed you are safe. You should alert the company in writing that you are bankrupt and your debt will be absolved, however they can and may legally reposess your possessions. However I assume that if you just filed two weeks ago you will need to inform them that you have filed and they will decist from contacting you about that debt. |
| Subject:
Re: clime bankruptcy
From: tbaka-ga on 25 Oct 2005 03:52 PDT |
You say you claimed bankruptcy two weeks ago does this mean that you started the paper work and are still working on getting you claim though the courts or that you finished up all you paper work with you bankruptcy? If you are in the process of filing then the creditor should have been notified and car can not be repossessed while working on filing. If you filed and are complete with the paper work I am pretty sure that when you file for bankruptcy you are not totally exempt from paying for the car. If you wish to keep your car (As is with your house) you still need to make the payments on it. |
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