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Newly Purchased Used Car Included in Bankruptcy

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Anonymous
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Newly Purchased Used Car Included in Bankruptcy

I filed bk pro se today. I included a car I financed in early September, does anyone know if this will cause problems for me. I did put down $700 when I purchased, I made sure to list that when asked if any creditor was paid more than $600. Total finance amount is about $7000
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0REDSOX7
Valued Contributor

Re: Newly Purchased Used Car Included in Bankruptcy

Typically, outside of mortgages, any debt incurred within 60 days of filing that is out of the "norm", could be considered fraud - but you will see when you file if you get the "presumption of abuse" portion...

BK Discharge 2/11/14

Currently in the garden.
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