Monthly Archives: December 2010

Can I Include The Loan On My Wrecked Car In Bankruptcy?

A collateral mortgage loan on a car can be discharged in a bankruptcy even if the car is wrecked.  This is true of a car with mechanical problems as well. The reality is that for most people the days of … Continue reading

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Chapter 7 Bankruptcy: Can I Turn In My Car If Signed A Reaffirmation Agreement?

When you purchase a car and take out a loan to pay for the car, you are giving the lender a collateral mortgage on the car.   A car loan is a secured debt in a Chapter 7 bankruptcy. In order … Continue reading

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