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    Repo question

    I had a chapter 7 discharged and my car was repoed, if the loan question ask if i have ever had a vehicle repossessed do i have to say yes since it was wrapped in my chapter 7?

    #2
    If you surrendered a vehicle in your bankruptcy, or stopped paying after the loan was discharged, the lender cannot legally report a repo on your credit reports. Therefore, there is no reason to admit to anything. Even if you had a vehicle repossessed before you filed, if it's no longer on your credit reports, why would you admit to that? The only situation where you should answer "yes" to the question is if the vehicle was repossessed before you filed, and it's still showing on your credit reports.

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