• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Chapter 7 and car loan.. A doozy.

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.



What is the name of your state? Wisconsin

I have a question regarding my car loan that is 8 months old. I came to the conclusion that the car is a piece and I was hosed during the purchase. I am filing for BK and am fully prepared to surrender it. The thing died this past weekend and needs a new engine! Can the loan company come after me if the car is trashed due to circumstances beyond my control? Or will the BK wipe this out? Thank You.

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential