May 14th, 2013 by Questions
I have a secured bank loan that is secured by my vehicle. I recently had it taken away and had to pay about $1200 over and above my arrears to get it back. I have been talking to a Licensed Insolvency Trustee about my options and I have been told that because my bank loan does not have my full name on it that they weren’t allowed to take my car in the first place and that I can include my bank loan in a bankruptcy or consumer proposal without fear of losing my car and I can write off that bank loan in the bankruptcy. I am wondering how accurate this is and if it is accurate can I get that money back somehow that I had to pay when they took my car.
Posted from: New Brunswick