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  1. #1
    Join Date
    Jul 2008
    Posts
    1

    Default Surrendering Auto After Bankruptcy Discharged

    My question involves bankruptcy in the state of:
    My chapter 7 bankruptcy was discharged this past October and I NEVER reaffirmed on my auto loan but I DID include my auto in my bankruptcy. I have been paying on this auto since the discharge.
    If I allow it to be repossed at this point will I still be liable for the remainder of the auto loan or is it still considered part of the bankruptcy?
    Desprite... Shalyn

  2. #2
    Join Date
    Nov 2008
    Location
    Whitehall
    Posts
    1

    Smile Re: Surrendering Auto After Bankruptcy Discharged

    If your auto was part of the your chapter 7 bankruptcy & you never reaffirmed ( By reaffirmed - I mean signing a court approved reaffirmation) and your chapter 7 has been discharged. The car at the time of discharge is the property of the lender - if you " pay as you go" and the lender decides to come get their property, it is theirs - they have no recourse to come after your for any difference ! If they try call your lawyer ! Ken

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