Legal Question in Bankruptcy in Maryland

my car

I filed bankruptcy in 2005 before the laws change,I included my car,but I have been still making my car payment. What will happern if I stop making the payment. Can the fin. company put anything on my credit report.


Asked on 8/23/06, 10:25 am

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: my car

They can report the debt as discharged in bankruptcy, and they can take the car. They cannot sue for the deficiency unless you signed a reaffirmation agreement (which would have been unlikely).

Read more
Answered on 8/23/06, 1:37 pm


Related Questions & Answers

More Bankruptcy Law questions and answers in Maryland