Legal Question in Bankruptcy in Tennessee

Repossession of vehicle

When filing bankruptcy, If a petitioner allows his vehicle to be repossessed, is he still liable for the remaining value of the car? Can the upside down interest be discharged with a chapter 7 petition?


Asked on 3/31/00, 1:15 pm

1 Answer from Attorneys

Pascal Howard Pascal M. Howard, Atty @ LaW

Re: Repossession of vehicle

If you put the creditor on your bankruptcy package and you are dischared, they can not hold you responsible for any monies owed on the vehicle in my jurisdiction of LA

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Answered on 4/14/00, 7:59 pm


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