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After a car is repossessed, does the loan become a unsecured debt?
13th September 2009
I’m trying to do bankruptcy myself because my husband and I are so poor that we really can’t afford legal fees. When I’m filling out my forms, I’m trying to figure out if the amount that we still owe to the loan company is considered secured or unsecured, because then the loan would go on different forms. Please don’t tell me to get another job or that I’m a bad person. Thanks.
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