Tag Archives: collateral mortgage

Can I Include The Loan On My Wrecked Car In Bankruptcy?

Posted on December 21, 2010 by Kevin Gipson, Attorney at Law

A collateral mortgage loan on a car can be discharged in a bankruptcy even if the car is wrecked.  This is true of a car with mechanical problems as well. The reality is that for most people the days of … Continue reading →

Posted in Bankruptcy | Tagged , , , , , , | Comments Off on Can I Include The Loan On My Wrecked Car In Bankruptcy?

Chapter 7 Bankruptcy: Can I Turn In My Car If Signed A Reaffirmation Agreement?

Posted on December 7, 2010 by Kevin Gipson, Attorney at Law

When you purchase a car and take out a loan to pay for the car, you are giving the lender a collateral mortgage on the car.   A car loan is a secured debt in a Chapter 7 bankruptcy. In order … Continue reading →

Posted in Bankruptcy | Tagged , , , , , | Comments Off on Chapter 7 Bankruptcy: Can I Turn In My Car If Signed A Reaffirmation Agreement?

Can I Keep My Car If I File For Bankruptcy?

Posted on April 22, 2009 by Kevin Gipson, Attorney at Law

Will you be able to keep your car if you file for bankruptcy in Louisiana?  In most cases, the answer is yes! First, in any bankruptcy proceeding, the debtor can keep the items of property that he owns that are … Continue reading →

Posted in Bankruptcy, Louisiana | Tagged , , , , , , , , , | Comments Off on Can I Keep My Car If I File For Bankruptcy?