Legal Question in Bankruptcy in Georgia

If payments are current at time of bankruptcy can debtors still repossess auto/h

I am considering bankruptcy. I have managed to keep my home and auto payments current. If my payments are and remain current can a debtor still repossess my home or auto during the bankruptcy process or after it has been discharged?


Asked on 1/11/02, 10:25 am

1 Answer from Attorneys

Lee Morgan Morgan & Morgan

Re: If payments are current at time of bankruptcy can debtors still repossess au

Generally if you file a straight bankruptcy under Chapter 7, you can reaffirm debts that are secured by collateral and continue to pay them. Creditors routinely agree to this if your payments are substantially current.

DISCLAIMER: It is not possible to give specific legal advice based on the limited information in your query. Information in our response should be considered general information only and NOT advice specific to your situation. Furthermore, no attorney � client relationship is intended to be created by this correspondence. You are not a client of Morgan & Morgan Attorneys at Law, P.C. unless and until we specifically agree to represent you and the appropriate fee contract has been signed.

You should not rely on this information alone in deciding your course of action. We recommend that you speak to an attorney of your choice and seek specific advice and representation.

Morgan & Morgan Attorneys at Law, P.C is licensed to practice law in the state of Georgia only. The general information contained in our response is based on Georgia law. If you or another party to your dispute resides in another state, the information provided may not be applicable.

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Answered on 1/11/02, 11:40 am


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