Car taken-can I include in bankruptcy?
August 23rd, 2011 by Questions
My car was taken this morning by a bailiff as i was in arrears by $770. It is a negative equity and I would prefer to include it in bankruptcy if possible. Am I correct in understanding that it is no longer a secured loan as the bank now has the vehicle and that I can include it in my bankruptcy?? I would really appreciate it if someone could answer quickly as I must decide whether to pay to get it back or not today. I would then like to make an appt to deal with my bankruptcy.
Thank you VERY much!
Posted from: Ontario