misc

[babygirl4ya]

hello i need an answer and hopefully u can help me! a few yrs ago i cosigned for my ex fiance a vehicle! when we seperated he filed bankrupcy and the truck was on it! a yr ago he got put in prison, i was wondering since my name is on the title as well can i tag and insure the vehicle since he is in prison but its under bankrupcy?

 

[Theresagail]

Yes, it is as much your vehicle as it is his -- However if he still has the vehicle, then he had to have reaffirmed the account ( he is paying it every month to the bank) so you need to pay it too, or it will go into default

 

[babygirl4ya]

well the thing is when he filed bankrupcy he filed i think chapter 13 and that means its paid off but i was told that if he filed bankrupcy they was suppose to come repo it as soon as he went to prison

 

[Theresagail]

So does he have the title?

 

[Theresagail]

Just because you file bankruptcy and then go to prison is not ground for them to repo the car-- unless the payments go into default-- you need to talk to the bank ASAP

 

[babygirl4ya]

no he does not have the title, when he filed bankrupcy he stilled owed on so the bank still has it! i wont get it for 7 yrs until then its tied up! its jus sittin out here rotting bc i cant sell it and im scared to spend money on the insurance and tags and then it get repoed!