Chapter 7 bankruptcy can wipe out (discharge) a car loan. However, because the vehicle itself secures the auto loan, the lender will take the car back if you don’t pay for it. Contact Dean Law today to get your free initial phone consultation where you will discuss car loans and bankruptcy, including steps you can take to keep your car in Chapter 7 bankruptcy.
Ask Nannette About:
• Getting rid of a car loan with chapter 7 bankruptcy
• When you want to keep a financed car
• Reaffirmation agreements
• Vehicle equity
• Other options