Bankruptcy Car Loan Repossession

Summary

If you choose not to reaffirm your car loan during bankruptcy, the lender can repossess the vehicle shortly after the bankruptcy discharge, typically within a few weeks. The exact timing can vary based on the lenders policies and state laws. It is advisable to consult with your bankruptcy trustee or attorney for precise details and guidance on how repossession works in Indiana.

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I filed bankruptcy *.*.*. If I choose to not reaffirm my car loan, how long before they physically take the vehicle
Hey Renee! Generally, if you decide not to reaffirm your car loan, the lender can repossess the vehicle shortly after your bankruptcy discharge. This process typically happens within a few weeks, but the exact timing can vary. It's best to consult your bankruptcy trustee or attorney for precise details.
Would you like more detailed information on how repossession works in Indiana?