I have a friend who is filing a chapter 7 like I did and he also has a car he's going to surrender. The difference between us is he has another car that's paid for but needs repairs.
He said that after he gets his discharge and before he surrenders the vehicle, he's going to strip some parts off of it to sell for money to fix up his other car.
I told him that can't be legal. He claims that since he lost his liability on that car loan, whatever they get for it at auction is up to them and that they can't come after him either way.
I have a bad feeling about this and was wondering if anyone knows about this? Can he get into trouble?
He said that after he gets his discharge and before he surrenders the vehicle, he's going to strip some parts off of it to sell for money to fix up his other car.
I told him that can't be legal. He claims that since he lost his liability on that car loan, whatever they get for it at auction is up to them and that they can't come after him either way.
I have a bad feeling about this and was wondering if anyone knows about this? Can he get into trouble?

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