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WALLSTREETESQ
WALLSTREETESQ, Attorney
Category: Bankruptcy Law
Satisfied Customers: 17080
Experience:  14 years exp., CH 7 AND 13 Bankruptcy cases, AFL-CIO UNION PLUS, UFT NYSID AND ALL MAJOR UNIONS
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I am in Ch 7 in California. I have a car pymt that was used

This answer was rated:

I am in Ch 7 in California. I have a car pymt that was used for means test. My comment period ends this week.

I have not signed the reaffirmation agreement but may want to give back the car b/c it is upside down by 10-15k.

What happens if I decide not to keep the car after my discharge?
Do I have a period of time by which to return the car?
Will I be responsible for condition or missing items?
Will giving it back change my means qualification?

WALLSTREETESQ :

Hello I am a licensed attorney here to help you with your question, please review my response and do not hesitate to ask for clarificati on

WALLSTREETESQ :

If you listed the car note in your bankruptcy

WALLSTREETESQ :

it would be discharged, and the lender would have to take the car as it is,

WALLSTREETESQ :

they will have to make arrangements with you to take the car,

WALLSTREETESQ :

you will not incur any extra charges, as they were discharged in the bankruptcy

WALLSTREETESQ :

By giving it back, it would not change your means test qualifications,

WALLSTREETESQ :

your expenses are determined by the date you filed your petition.

WALLSTREETESQ :

If you have any further questions please do not hesitate to ask,

WALLSTREETESQ :

If satisfied by our service please provide us with positive feedback.

WALLSTREETESQ :

Thank you

WALLSTREETESQ and other Bankruptcy Law Specialists are ready to help you
WALLSTREETESQ : Hello I am a licensed attorney here to help you with your question, please review my response and do not hesitate to ask for clarificati on
WALLSTREETESQ : If you listed the car note in your bankruptcy
WALLSTREETESQ : it would be discharged, and the lender would have to take the car as it is,
WALLSTREETESQ : they will have to make arrangements with you to take the car,
WALLSTREETESQ : you will not incur any extra charges, as they were discharged in the bankruptcy
WALLSTREETESQ : By giving it back, it would not change your means test qualifications,
WALLSTREETESQ : your expenses are determined by the date you filed your petition.
WALLSTREETESQ : If you have any further questions please do not hesitate to ask,
WALLSTREETESQ : If satisfied by our service please provide us with positive feedback.
WALLSTREETESQ : Thank you