QUESTION
I went through bankruptcy and it was granted because I didn’t have a job now Harley wants the bike back but I have a job to pay they want 2500 or bike
Asked on Aug 27th, 2021 on Debtor and Creditor - California
More details to this question:
I went through bankruptcy and it was granted because I didn’t have a job now Harley wants the bike back but I have a job to pay they want 2500 or bike And I spent too much money to have back they won’t let me start paying them again and said a judge would side with them is there anyway to keep my bike? (I’m in San Diego) or just give it back? I made 1/2 of Loan payments o time and was 7 months behind
1 ANSWER
Bankruptcy Attorney serving Folsom, CA
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Law Office of Gerald L. White
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You have the right to redeem the collateral by paying the creditor the value of the collateral or the balance you owe, whichever is less, in a single lump sum payment. If you surrender the collateral they have no right to collect any amount from you since your personal liability was discharged.
Answered on Aug 30th, 2021 at 7:51 AM