Husband Filed For Bankruptcy

November 18th, 2008 by Questions

Further to my question posted on November 17, my ex-husband already sold the car privately but not for enough to have the lein taken off the loan. Can the car still be repossessed?

Posted from: Newfoundland and Labrador

Questions

One Response to “Husband Filed For Bankruptcy”


, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

This depends on when the car was sold and whether or not he has filed for bankruptcy. If he has filed for bankruptcy the loan behind the loan will be cleared, so it is pretty easy to have the lien removed and no one can enforce the lien. If a bankruptcy hasn’t been filed then it could be a larger problem.

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