Tag Archives: collateral mortgage

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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Can I Keep My Car If I File For Bankruptcy?

Will you be able to keep your car if you file for bankruptcy in Louisiana?  In most cases, the answer is yes! First, in any bankruptcy proceeding, the debtor can keep the items of property that he owns that are … Continue reading

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