Automobile Repossession Can Be Halted by Bankruptcy - SBWire (press ...

12/30/13

Automobile Repossession Can Be Halted by Bankruptcy
SBWire (press release)
When a person files Chapter 7 bankruptcy, car repossession may be averted. Chapter 7 is a form of bankruptcy that liquidates a person's belongings to pay off creditors. However, due to the automatic stay (to be discussed further on) his car may not be ...