4th Circuit Says Bankruptcy Doesn't Stop Vehicle Repossession
Lawyers USA › January 22, 2010
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Summary
An auto lender could enforce a clause in its loan agreement allowing it to repossess the vehicle should the borrower filed for bankruptcy, the 4th Circuit has ruled in affirming judgment.
The debtor in the case purchased a vehicle from DaimlerChrysler. His retail installment contract with DaimlerChrysler provided that he would be in default should he file for bankruptcy.See the full content of this document
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4th Circuit Says Bankruptcy Doesn't Stop Vehicle Repossession
The debtor filed for bankruptcy. In his case, he filed a st...
See the full content of this document
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