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NO NO NO. You never HAVE to file B/K. Sometimes it may seem like it, but there is no law that's says you have to. Seek advice from some impartial neutral source. Maybe your church, state bar assoc., lots of places offer counseling on debt matters to try to avoid B/K for the debtor. If you cant find help in your area, email me and I'll try to help.

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Q: If there is a repo due to late payments do you have to file bankruptcy if you don't have the money to pay?
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Related questions

Should you file for bankruptcy if you can not make credit card payments?

yes noob how dont you know that


How will you know if someone that owes you money and is making scheduled payments files bankruptcy?

Go to where the bankruptcy is filed and have the file pulled and there will be an accounting of all the debts and payments being currently made. It is public information.


You owe your sister money can you file bankruptcy on that loan?

If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.


If you file for bankruptcy and you cosigned for someone can the car loan be included in the bankruptcy if the person is not making their payments?

YES, you can include it whether the payments are current or not.


How much debt can you have before filing for bankruptcy?

There's no maximum amount. If you can't make your payments you file bankruptcy.


You are financing a vehicle but you can no longer afford payments what can you do?

Talk to the lender, or you can file Chapter 13 Bankruptcy to lower the payments where you can afford them.


Can you file bankruptcy in Ohio then move to Germany before the bankruptcy is complete?

Yes, you can move anywhere you want to, but if you are paying payments (Chapter 13) you are still legally obligated to make the payments.


What bankruptcy can you file to keep your home if you are behind in payments?

If you are behind in your payments and you declare bankruptcy usually you can remain in your home and continue payments. However the lender will most likely begin foreclosure since you can't afford it and you are at higher risk.


Can you keep your home if you file a chapter 13 bankruptcy?

Yes, as long as you keep making the payments.


Can you file bankruptcy on restitution?

No you can not file bankruptcy on anything that is court ordered.CAN YOU FILE BANKRUPTCY ON RESTITUTION?


When do you file bankruptcy letter of intent?

You should file a bankruptcy letter of intent as soon as possible so that your creditors will be on notice. This will stop the harassing calls and foreclosure proceedings if you are behind in your mortgage payments.


Time frame prior to bankruptcy to acquire large sum of money?

Always file for bankruptcy as soon after getting a large sum of money as you can.