Subscribe To This Site
XML RSS
Add to Google
Add to My Yahoo!
Add to My MSN
Subscribe with Bloglines
Home
Blog
Popular Topics Negotiating
Being Sued?
Deceased Debts
Credit Reports
Debt Not Mine
Foreclosure
Bankruptcy
Medical Debts
Free Resources Free Worksheet
Q & A
Complaints
Alerts
The Book Our Book
Buy Now
Testimonials
The Authors
Site Info Newsroom
Privacy Policy
Partners
 

Bankruptcy in PA

by George
(Reading, PA )

I have a motorcycle I got a loan on in 2008 not sure if secured or unsecured. Only Made a couple of payments. After like two years they jus stopped trying to contact me. Now I'm filing bankruptcy chapter 7 I included the bike but I also told them I wrecked the bike and is damaged pretty bad. I guess my question is when I go to my bankruptcy hearing what will happen?

Comments for
Bankruptcy in PA

Click here to add your own comments

May 11, 2011
 Bankruptcy in PA
by: debtcollectionanswers.com

I am quite sure that the loan on your motorcycle is a secured loan and that the motorcycle is the loan collateral. I cannot tell you exactly what will happen at your bankruptcy hearing and I am not a bankruptcy attorney. However, it is my understanding that you will be at risk for losing the motorcycle in your bankruptcy unless the court decides that it's of little or no value and therefore could not be sold to help pay your debts. If you want a definitive answer to your question, contact a consumer bankruptcy attorney in your area. Click here for a free consultation with a bankruptcy attorney

Click here to add your own comments





Learn how debt collection laws can help you!
This website does not provide legal advice.
All information is for educational purposes only.
Copyright 2007 - 2011 by Mary Reed and Gerri Detweiler.
All rights reserved.

SBI
SBI!

We are honored to be featured as a Best Money Site!

best money sites

free ebook chapter

debt collection help on DebtCollectionAnswers.com