Nashville, TN asked in Bankruptcy for Tennessee

Q: I am about to file chapter 7. also, I am behind on a "title loan". will bankruptcy protect my car grom being repossed?

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1 Lawyer Answer

A: Yes, but you should immediately provide the lender with a Suggestion of Bankruptcy and a copy of the Notice, after you file. I would also suggest you tape a copy of each to the vehicle, to avoid the Repo Man. Once you send the lender a copy, contact them to make sure the Repo Man is called off. However, this is only a temporary fix. They will likely move for a Relief from Stay. If you want to keep your car you should do a Chapter 13, if you qualify.

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