Q: Son totalled his truck, insurance expired, owes 26K to bank. Junk yard won't take vehicle. Bankruptcy solve problem?
A: That would be one solution, assuming that bankruptcy makes sense otherwise. If he has low income, owns little or nothing, and has other significant deaths, this could be a reasonable option.
A: Many bankruptcy attorneys offer free consultations. He should speak with one to verify that this is his best option and cover all issues he is facing. (If there are any issues with injury, intoxication, fines, etc.)
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