QUESTION
Can dad sell the car and does he have to pay balance owed?
Asked on May 09th, 2013 on Bankruptcy - Texas
More details to this question:
My dad bought my brother a car (in dads’ name, brother making payments) then dad filed bankruptcy. Now brother quit making payments, car in bankruptcy.
1 ANSWER
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To sell collateral that secures a debt without paying the debt is a criminal offense.
Answered on May 14th, 2013 at 6:27 AM