Chapter 7 Bankruptcy Timeline: What to Expect | Raj, Esq.
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filing for bankruptcy does NOT automatically mean losing your car. 🚗 one of the biggest misconceptions about chapter 7 bankruptcy is that your vehicle will immediately be repossessed. the reality? many people are able to keep their cars when filing for bankruptcy. and even if you decide to surrender your vehicle, repossession doesn’t necessarily happen right away. the timeline can vary, and in some cases, it can take months for the lender to pick it up. whether you can keep your car depends on
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TikTokthebankruptcyqueen_
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Filing Chapter 7 bankruptcy and have a car loan? You may be asked to sign something called a reaffirmation agreement. But should you? A reaffirmation agreement generally means you’re agreeing to remain personally responsible for a debt even after bankruptcy. Sometimes that makes sense. Other times, it can put you right back on the hook for debt you could have eliminated. Don’t just sign because someone tells you to. Understand what you’re agreeing to. #HonestBankruptcyAttorney #Chapter7 #Reaffir
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