top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

What happens when you pay off car you did not reaff in ch 7?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    What happens when you pay off car you did not reaff in ch 7?

    If you've been making payments all along to the point of paying off in full, do you get the pink slip??????

    #2
    It's my understanding that it's business as usual. You pay the car off and in return you receive the title to the car
    Filed Ch 7 - 07/10/08
    341 Meeting - 08/13/08
    DISCHARGED! - 10/15/08
    CLOSED - 10/20/08

    Comment


      #3
      What is a pink slip? And these days, the banks don't keep the titles, I have mine and still 2.5 yrs to pay on the van.

      Comment


        #4
        A "pink slip" is a CA slang term for the title, and we don't receive them until the car is paid off Wasn't sure what would happen in this case, since technically the debt was discharged, but we are paying as usual because we want to keep the car...we haven't heard anything from the credit union, in fact, for some bizarro reason they are reporting as a positive on my credit report, not IIB. We just pay with a payment/coupon booklet, we never have received statements, probably because we filed right after we bought the car.

        Comment

        bottom Ad Widget

        Collapse
        Working...
        X