September 27th, 2008 by Questions
I had made a verbal agreement with my ex girlfriends brother to borrow money to make some payments on loans. I signed my vehicle over to him as collateral untill i payed him back, then he would sign it back over to me. How would this affect myself or him? The vehicle is only worth maybe 1500$ at most.
Posted from: Nova Scotia
One Response to “assest”
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September 28, 2008 at 7:46 am, A licensed trustee said:
Likely no one will care due to the value of the car – when you speak to a trustee be certain to tell them what you’ve done before you file for bankruptcy – then they can tell you exactly how it might affect your procedure.