Legal Question in Bankruptcy in Georgia

surrender of callaterol and removing a lien

I have a cutomer who filed bankruptcy. They have a plan to surrender our callaterol(a car) within 30 days from filing., and now I have a received a motion to remove a lien. I am unsure how to procede. Are they bringing the car back or what?


Asked on 12/10/05, 10:51 am

1 Answer from Attorneys
Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

Re: surrender of callaterol and removing a lien

There is no such thing as a motion to remove a lien. If you mean a motion to avoid a lien, that means they want to keep the car and not pay for it, and implies you are making non-PMSI loans, which don't fare well in bankruptcy.

All creditors should have a bankruptcy lawyer to whom they immediately refer bankruptcy matters so that they can determine the implications and also maximize recovery in those cases where there can be one.

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Answered on 12/10/05, 5:34 pm


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