What if I Get Behind on My Car Payment During Bankruptcy?

• Tweet
• Email

• Tweet
• Email

If you get behind on your car payment while in Chapter 7 bankruptcy, the finance company may file a Motion for Relief from Automatic Stay requesting that the bankruptcy court allow the finance company to repossess the car. In most Chapter 13 bankruptcy cases, your car payments will be included in your payments to the Chapter 13 bankruptcy Trustee if you are purchasing the vehicle. If you are leasing the vehicle, you will make lease payments directly to the finance company. If you get behind in your payments to the Chapter 13 bankruptcy Trustee or to the finance company for leases, the finance company may file a Motion for Relief from Automatic Stay requesting that the bankruptcy court allow them to repossess the car.

Related posts:

1. What If My Mortgage Company Refuses Payment?
2. What if I Get Behind in My Mortgage Payment While in Bankruptcy?
3. What is a Motion for Relief from Stay?
4. How Does Chapter 13 Bankruptcy Affect My Credit?
5. What is a Consent Order?