Bankruptcy Question & Answer Forum - Canada

Author:		Derrick
Date:		April 21, 2005
Question:		My wife and I were just discharged, when we entered into bankruptcy, we had a neon it was used a security on a loan. The bank never came to get this car. And the loan was part of the filing. There is a lein on the car, is the car ours now? If so what do we do to get the lein removed?
From:		Ann Clarke, Alger & Associates Inc.
Date:		April 21, 2005
Answer:		The lien and security on the car will remain in place until you pay off the loan or give the vehicle back. Ann Clarke phone: (403) 296-2972 aclarke@alger.ca