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  1. #1
    Join Date
    Sep 2008
    Posts
    3

    Default Re: Car Repossession Post Bankruptcy

    he didn't say anything, basically that they could take it, primarily if they deemed it worth their while. but if not, they wont take it??? so is there some statute of limitations they have to take it within?

  2. #2
    Join Date
    Apr 2007
    Location
    Southeastern Michigan
    Posts
    1,226

    Default Re: Car Repossession Post Bankruptcy

    Quote Quoting pure_chaos
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    he didn't say anything, basically that they could take it, primarily if they deemed it worth their while. but if not, they wont take it??? so is there some statute of limitations they have to take it within?
    The only way they CAN'T take it is if the loan is paid in full or if it's protect under your bankruptcy filing. Otherwise, there is no SOL on when they can come and get it.

  3. #3
    Join Date
    Apr 2007
    Location
    Il.(near StL,Mo.)
    Posts
    5,252

    Default Re: Car Repossession Post Bankruptcy

    Agree, there is no time limit that they have to come & get the vehicle. Sometimes they *may* not come & get it if it isn't worth much - they may believe it isn't worth their time/worth their while.

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