“Dear Steve,
Truck repoed yesterday and they want us to pay 22,000 in 10 days
is it true if we file for bankruptcy we can ask for the truck back or is there anyway we can get it back we dont have that much and its our only means of transportation for my 3 kids
Melissa”
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Dear Melissa,
You might be able to if you act quickly and meet with a local bankruptcy attorney right away. But beware, you will need money to pay for bankruptcy and if you didn’t have obey to make the truck payments will you have money to pay for bankruptcy help?
However, if you have other debts the bankruptcy may discharge you unsecured debts and make it easier to get back on track with the truck you need for transportation.
You can click here to find a local bankruptcy attorney and discuss your situation with them.
Let me now what you wind up doing.
Please post your responses and follow-up messages to me on this in the comments section below.
Facing a Similar Situation? You’re not alone — and you have more options than you think. Start with the all your debt relief options page to see what’s realistic, or take the 2-minute bankruptcy quiz if the debt feels unmanageable. Federal Reserve research shows filers recover faster than those who don’t file. If a company is involved, run them through the Scam-O-Meter first.
