The Basic Principles Of Will Filing Bankruptcy Stop Car Repossession

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However, filing bankruptcy results in an “automated stay” the place the creditor has to immediately stop all selection efforts, which includes repossession. Therefore the creditor are unable to repossess the car devoid of permission of the bankruptcy court. Right until last yr, a motor vehicle repossessed or seized was http://messiahdmtai.ampedpages.com/Will-Filing-Bankruptcy-Stop-Car-Repossession-Things-To-Know-Before-You-Buy-38252073


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