Legal Question in Bankruptcy in Arkansas
Surrendering vehicle.
I filed bankruptcy, four months ago i surrendered my vehicle to get it off my bankruptcy. Does the lein holder have a certain amount of time to come get the vehicle before its legally mine?
Asked on 6/25/03, 8:07 pm
1 Answer from Attorneys
Herb Southern
The Southern Law Firm
Re: Surrendering vehicle.
Not really. If I were in this position, I would not be driving it at all, b/c if you were to have an accident, you could still be responsible for the entire value of the vehicle. You might try calling the lienholder and ask if they have abandoned it or not. If so, ask them to sign off on the title so that you can do something with it.
Answered on 6/25/03, 8:26 pm
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