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Chapter 7 & Surrender time limit?

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CaptTroll

Junior Member
What is the name of your state (only U.S. law)? Minnesota

Hello,

Filed Chapter 7 in may 09, was discharged in August of this year Located in MN.
Agreed to surrender a vehicle which needed some repairs, in the filing.

After the Creditors meeting, the Lender contacted my Attorney, who then sent us a letter stating that the Lender's usually way to handle this is to wait for the discharge, then contact Our attorney to arrange the surrender. and if we wanted the car gone sooner he could contact them and set it up. From the filing it's a car worth about $1,000 and we had a pay off of like $7000 on it (when you add interest,fees,etc)

Now, It's coming up the End of 2009 and we have still heard nothing from this lender. is there a length of time they have to contact us? The car has been sitting with comp only insurance on it, can i at least pull that? Our lease will be up soon, and i don't want to deal with moving the car if i don't have to, but I would be happy to keep it if they are not going to take it....

Does anyone have any experience with this type of thing?
Thank you so much!
 


bigun

Senior Member
Contact the lender and ask them to pick it up.
Don't be surprised if they decline. If the car is so old and high mileage, it may not be worth their time to repo. This happens from time to time.
 

CaptTroll

Junior Member
Car is a 98 Volvo with 190,000 miles.

Thanks for the reply....
Would I just call the customer service number off one of the old bills?
 

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