Bankruptcy Law Questions? Ask a Bankruptcy Lawyer.
*Due to rules of your state bar or mine, nothing herein is intended as legal advice, only intended as general information to better help yourself.*
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When the trustee abandons property, it is typically good news for the debtor. This means that the trustee is not claiming any interest in the property for the benefit of the estate. You may keep the vehicle provided your payments are kept up to date
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so payments must continue to be made?
yes you must continue to make the payments. If you do not make the payments the vehicle can be repossessed but a personal judgment may not be entered against you
am i in a good position to re-negotiate the interest amount with the loan company?
You can certainly try
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