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SVTPerformance's Chain of Restaurants
Road Side Pub
Bankruptcy experts, need your help!!
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<blockquote data-quote="JimCSHO" data-source="post: 16235806" data-attributes="member: 183032"><p>For personal bankruptcy there are various exemptions. And if he is still paying on the car even in a Chapter 7 it is possible to get approval to reaffirm the loan and keep the car (still have to make the payments). </p><p></p><p>Things bought on credit cards can be challenged. The creditor may show up and claim you had no intent to pay the charges - in a Chapter 7 that is unusual but happened at times (typically was an attorney representing the creditor and just asked questions of every debtor during the cattle call of cases).</p></blockquote><p></p>
[QUOTE="JimCSHO, post: 16235806, member: 183032"] For personal bankruptcy there are various exemptions. And if he is still paying on the car even in a Chapter 7 it is possible to get approval to reaffirm the loan and keep the car (still have to make the payments). Things bought on credit cards can be challenged. The creditor may show up and claim you had no intent to pay the charges - in a Chapter 7 that is unusual but happened at times (typically was an attorney representing the creditor and just asked questions of every debtor during the cattle call of cases). [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Bankruptcy experts, need your help!!
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