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Can you give your car up after you file Chapter 7

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    Can you give your car up after you file Chapter 7

    Can you turn in a auto that was purchased with payments but not included in the origianl BK7. The BK 7 has been completed 1 month ago, can I still turn in this vehicle?
    thanks for all your help.

    #2
    You bought it before filing BK right?
    Did you sign a reaffirmation on it?
    4/09 Converted to a Ch 7 due to loss in dh's income
    5/09 UST now involved no idea what happens next
    7/09 UST has decided to withdraw his motion to dismiss!
    7/27/09 DISCHARGED!!!

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      #3
      no I believe my friend has not done anything but he thought it would be better to buy a car before the bk 7 was and turned in a truck. Now he his having problems with making the payments on this vehicle and he had is bk 7 closed last month. thanks

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        #4
        So you're saying he filed BK and THEN bought a new car? If so then no he's stuck with it.
        4/09 Converted to a Ch 7 due to loss in dh's income
        5/09 UST now involved no idea what happens next
        7/09 UST has decided to withdraw his motion to dismiss!
        7/27/09 DISCHARGED!!!

        Comment


          #5
          well its a used car about 10years old. and he bought before the bk and turned in his truck thinking it would be better to manage his money. Thanks for your help!

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            #6
            If he purchased it BEFORE BK and did NOT reaffirm the loan, then yes he can return it.
            May 2008 Hired 1st Attorney/Stopped paying CCs
            May 21, 2009 Retained 2nd Attorney
            May 28th - Filed for Ch 7 (FINALLY!)
            9/11/09 - DISCHARGED!!!!

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              #7
              Originally posted by liz417 View Post
              If he purchased it BEFORE BK and did NOT reaffirm the loan, then yes he can return it.
              Ditto.

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