Legal Question in Bankruptcy in California

Can i file chapter 7 to erase a vehicle reposession?


Asked on 12/18/10, 1:35 pm

2 Answers from Attorneys

Asaph Abrams Law Office of Asaph Abrams

You betcha.

Meaning, you could eliminate personal liability on the auto loan deficiency.

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Answered on 12/23/10, 1:45 pm
Robert F. Cohen Law Office of Robert F. Cohen

I'm not sure what you mean by "erase" the repossession. You won't get the vehicle back, but certainly you could wipe out any deficiency -- the amount of the loan minus the amount paid for the vehicle at auction. Feel free to e-mail me directly if you need further assistance.

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Answered on 12/23/10, 1:55 pm


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