In order to help my parents get a better rate for their car loan I used my name and the car was titled in my name. They made all the payments but we forgot to put the title back in their name when the loan was paid off. So no I'm contemplating a bankruptcy filing and I'm worried how I'm going to deal with the car situation. I also have my own car and both of these cars have some equity in them. How can I explain to the bankruptcy court that the car really doesn't belong to me and shouldn't be considered part of the bankruptcy?
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The Editor, Mark Bernardin, is an attorney living in MA. Please send your suggestions or comments to: TheEditor@malawforum.com
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