How to keep a car in chapter 7 bankruptcy

Keeping a car in a chapter 7 bankruptcy can be tricky.  If you still owe money on your car loan, the lender has the right to re-possess your car if you stop making payments on the loan.  Filing bankruptcy prevents the lender from taking any action repossess your car.  However, after the bankruptcy is filed, the lender does have the right to ask the bankruptcy court for special permission to repossess the vehicle.        Continue Reading

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