bankrupsy and car
I pay my car payments on time will I lose it if i go to credit debt or file bankrupsty on all my debts.
Posted from: Ontario
I pay my car payments on time will I lose it if i go to credit debt or file bankrupsty on all my debts.
Posted from: Ontario
Currently, if you file for bankruptcy the lender has the right to decide to reposses (take) your car when you file – even if your payments are up to date.
On Sep 18 that law is changing – if your payments are up to date the lenders will no longer have the right to take your car whn you file for bankruptcy.