Secured debts are not dischargeable in bankruptcy. As a co-borrower or co-signer you are equally responsible for the debt even though you do not reside in a CP state.
You will have to ask your bank about that. They are in control now.
Yes. It is recently established with EWB-International.
A person immediately contact their lawyer to assist on issue.
Yes. Only if there was a relief of stay issued for the vehicle or you signed a reaffirmation for the vehicle loan and didn't make the payments.
If neither the lender or the repossession company is notified that you have filed, and they proceed in good faith, your car can be repossessed. If either knowingly violated the stay, you may be able to redeem the vehicle, and the bankruptcy court may fine the agencies who acted in violation.
Usually a car you are still driving cannot be included in a chapter 7 unless it is turned back into the finance company because it is considered an asset that, if sold, could help pay off your other debts. If you do not include it in the bankruptcy, you are under the same obligation to make payments and if you don't then the car gets repo'd. If you file for bankruptcy the first thing I would do is talk to your lawyer about the options open to you if you want to keep your car.
KEYWORD "DISCHARGED"
As far as I know, it will update recently, maybe today or tomorrow!
IF its filed properly,NO. Why not ask your B/K attorney this question??? That's what you pay them for.
No. But they can ask to be excluded from the bankruptcy. Usually a deal can be made with the lender to keep a vehicle. If it is covered by the exemption and the borrower lives up to the contract agreement.
10 years before the Chapter 7 is removed. It will decrease your scores dramatically to 400s to 500s.
Thats an excellant question to ask your B/K attorney. maybe if you REAFFIRM the debt, you can get it back. MERRY CHRISTMAS