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Bankruptcy Law/Repo before filing

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Expert: - 4/17/2008


Question
If a vehicle is repossessed 2 days before filing, Can you get it back and include it in your bankruptcy?

Answer
Sometimes, you may be able to have the lender give the vehicle back if you are filing chapter 13 and paying it through the plan.  They will require the repo fees and storage costs to be paid as well.
The lender is not required to give it back though, but they usually will.

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Terry Leeders

Expertise

Handles Chapter 7 and Chapter 13 bankruptcy cases.
10 years of extensive bankruptcy experience. Filed over 3000 cases
Chicago Bankruptcy Lawyer website
"One On One Personal Service You Deserve"

Experience

I have been practicing bankruptcy law for 10 years. I have helped over 3000 consumer bankruptcy clients in that time.

Organizations
Chicago Bar Association Illinois Bar Association

Publications
author of Chicago Bankruptcy Blog
Chicago Chapter 13 Bankruptcy Blog
Illinois Bankruptcy Law Blog
Fresh Start Partners

Education/Credentials
University of Illinois Thomas M. Cooley Law School
Chicago Bankruptcy Lawyer website

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