What happen when the car is not reposed after bankruptcy?
If you don't reaffirm or redeem your car loan after filing for bankruptcy, the lender can repossess the vehicle: This is because you did not fulfill the financial obligations of the loan agreement due to bankruptcy. The lender has the legal right to take back the car you financed through the loan. Remember that reaffirmation or redemption must occur before your bankruptcy case is discharged to save your vehicle from repossession.