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Posted in Bankruptcy
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Question By
CharSie88

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Bankruptcy AND Repossession?
I'm about to file from bankruptcy and I'm including my car. I wanted to know, does it make more sense to just hurry and file first before repossession, or does it not matter?

Basically, if I file first, will they still list a repossession on my credit report once they come get the car?
Thank You.

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Check with the attorney handling your bankruptcy because that would be the one person with the best information on what to do.

Top Contributor
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First check with a good BK lawyer who will recommend chapter 7 or 11. If you are going this route then the lawyer may tell you to drop the car off. If it's a high car payment then there's no question. Good luck!!!!!!!!!!!!!!!!!

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