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Question: Bankruptcy - Georgia

Asked on 10/6/2009
Can I sell or trade a car that i re assumed thru bankruptsy

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Only, if your bankruptcy has been discharged, dismissed or otherwise closed.  If not, you should talk to the trustee.  If so, it can be treated as any other car loan - if you sell it, you must pay the proceeds to the lienholder and then you may still be liable for the difference. 



  • Answered on 10/26/2009
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