Grapevine, TX asked in Bankruptcy for Arkansas

Q: I filed ch13 three years ago and recently converted to 7.

There were two ATV’s included. One of which was to be picked up, years gone by no word I thought they picked it up and I’ve moved. The atv was left at a house that I no longer have contact with that person. Now they are calling again, but I don’t know what happened to it. So what will happen to my case, will I end up having to pay for it? Or what will happen to be because I was under the impression that they had already picked it up.

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1 Lawyer Answer
Timothy Denison
Timothy Denison
  • Bankruptcy Lawyer
  • Louisville, KY

A: If you cannot produce the collateral, you may have to pay the fair market value for ito loss.

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