If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
if the consigner files bankruptcy can the borrower take the car
You can't file bankruptcy "for IRS debt." You have to list all your debts and assets, and you can keep what you can exempt under state or federal laws. If you have little or no equity in an asset, you should have no problem.
If you are filing for bankruptcy, and you try to cosign -- two things can happen. 1. the lender will turn you down. 2. If the court finds out you have applied for credit the bankruptcy can be stopped. If you mean that the car and loan will be for you during or after the bankruptcy, this still has to be disclosed and again the bankruptcy can be stopped.
Any leftover debt from that car repossession can be put in your bankruptcy petition..so if you owed $12k and the bank sold it for $6k..then you can file bankruptcy on the remaining $6k.
If the lender is willing to reaffirm the loan with the borrower then the vehicle can be returned. A vehicle is a secured debt and is not subject to chapter 7 bankruptcy laws.
can they send a police to my house to repo my car? can they send a police to my house to repo my car?
sure you can, but you will loose new car when u file bankruptcy anyway.also need more than just a car payment to file bankruptcy. laws have changed to prevent people filing bankrupcy just to dodge paying there bills
The cheapest prices for car leases can be as low as $129 a month for a new car. In general, a car lease that is under $300 a month is considered to be cheap.
One can get information on swapping car leases from online websites and a few guide books. Edmunds has a few articles on car lease swapping that is worth looking into.
Bankruptcy is a set of Federal laws. YOU (not your boat, not your car, not your house) are using the Federal law by declaring bankruptcy. Your boat is personal (or perhaps business personal) property in those matters. Your house is another type of property or assset. Your savings account, yet another. Each has many sets of laws they are subject to. Even if it was a huge freighter on the high seas, in the Bankruptcy court, it is the rules of that court that hold.
Can you file bankruptcy if you caused a car accident?
Yes, car leases do come in 3 year terms. I think that a 3 year term is also a good lease price because you do not feel too burdened with a car payment.
If you wreck your car after filing for Chapter 13 bankruptcy you can file it on your insurance. You can then replace your car based on the bankruptcy order.
You are normally allowed to keep the house you are living in and one car in a bankruptcy.
What Car dot com offers real in depth information on car leasing from the pros to the cons for different types of leases. Also check out Money Supermarket dot com for a complete guide to car leasing and a directory of car leasing providers.
Car leases vary greatly in term. However, many people take out 36 month leases, because they are able to take advantage of driving a new vehicle every three years. However, one and two year leases are also available and popular.