Will filing a bankruptcy relieve me of any financialliability regarding a repossessed car?

Will filing a bankruptcy relieve me of any financialliability regarding a repossessed car?

Our car was repossessed. Now (3 years after the fact) the auto finance group is trying to force us to pay the difference. Their attorney says they haven’t filed action yet, but they might very soon. The wife and I have been considering bankruptcy for some time now. We are in a financial mess. Then this issue came up and is really pushing us in that direction. Will bankruptcy help take care of the problem with the car?

Asked on September 14, 2010 under Bankruptcy Law, Ohio

Answers:

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