Legal Question in Bankruptcy in California
Can i file chapter 7 to erase a vehicle reposession?
2 Answers from Attorneys
You betcha.
Meaning, you could eliminate personal liability on the auto loan deficiency.
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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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