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We sit down with Attorney, Darin Wisehart, to talk through the various factors that will determine if you can keep your vehicle through the bankruptcy process. In this interview, Darin covers the following:
- How your car and other secured loans are handled in both Chapter 7 and Chapter 13 bankruptcy cases.
- Your options and how reaffirmation, surrender, and redemption work in a Chapter 7 bankruptcy.
- You may be able to keep your car by reaffirming the loan agreement – but is that choice right for you?
- Understanding why sometimes the best option is returning a vehicle with a car loan to the lender.
- What happens if you have cosigned on someone’s auto loan and they file for bankruptcy.
- When your vehicle may be counted under an exemption that protects it from repossession.
- …and MUCH more!
If you would like to speak with one of our attorneys, please call our office at (503) 227-0200, or visit our website at https://www.pacificcascadelegal.com.
Disclaimer: Nothing in this communication is intended to provide legal advice nor does it constitute a client-attorney relationship, therefore you should not interpret the contents as such.
