Legal Question in Bankruptcy in Ohio

Surrendering of a vehicle with no liens...

Is the court allowed to make me surrender my only means of transportation? I am a widow and it is my only source of transportation back and forth to work, and doctors appointments. Is there anything I can do?


Asked on 1/12/06, 5:31 pm

1 Answer from Attorneys
Frank Rozanc Frank J. Rozanc, Esq.

Re: Surrendering of a vehicle with no liens...

If you have more than $1000 in equity, then yes, the trustee can ask that the vehicle be sold. If you want to keep it, then you must buy your equity back from the trustee. A Chapter 7 can remain open for up to 60 months, so you might have some time to buy it back.

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Answered on 1/13/06, 1:45 am


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