QUESTION

Repossession or surrender after bk discharged

Asked on Nov 30th, 2021 on Bankruptcy Chapter 7 - California
More details to this question:
I filed chapter 7 bk, I did not get my reaffirmation in time before it was discharged, my question is .. if I choose to surrender the vehicle does it hit my credit as a repo, or does my bk cover that?
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1 ANSWER

It depends.  If you listed the car loan in the bankruptcy, then the bankruptcy will cover it for sure.  It also depends on your bankruptcy discharge.  Without reviewing your records, I wouldn't be able to make an accurate assessment.
Answered on Dec 06th, 2021 at 9:33 AM

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