My question involves collection proceedings in the State of: Colorado
I filed for bankruptcy about 8 months ago and was granted a full discharge of my debt to snap-on tools however the contract contains a standard purchase money security interest. My question is this, in Colorado do they have the right to reposess anything branded snap-on or only the items listed in the contract?
Also a few tools of mine that are in the contract i no longer have... My truck was reposessed and my $1500 scanner was in it and stolen by someone apparently because it wasn't in there when i got my personal effects out of it. how will this affect anything??
the contract was for approx $7200 and i'd been paying about $300 a month on it for about a year should i be given a statement about exactly what would be still owed and maybe i can pay it off?? I read somewhere once that if i give them 60% of the contracts value in cash they would have to settle or something like that (may just be BS I dunno)
Any help/insight would be greatly appreciated Thank You!

