Angleton, TX Bankruptcy Law Firms & Lawyers

?1301 of the bankruptcy code generally prevents a creditor from going after a co-debtor/co-signer while the Chapter 13 is progressing. The lender can file a motion to lift the automatic stay and if granted then pursue their normal collection efforts. However, if the vehicle is being paid for through the plan then the odds are not very likely that the judge will grant the relief.

Provided you can afford to make the payments and your equity, assuming there is any, in the car fits into one or more of 3 possible exemptions (depending on other facts) you can continue to pay & keep. There may be options such as: redemption, reaffirmation and surrender. Which one makes sense will depend on other facts not disclosed. Please don't rely on answers here in making a decision whether to file for bankruptcy. Even with the information you provided there are other considerations such as income & living expenses, perhaps there are some other assets you haven't even thought as assets, how much in medical debt you have & whether there may be a way to settle the medical debt outside of bankruptcy, etc. and other things to think about in figuring out whether filing bankruptcy makes sense for you and what results you can expect.

I don't see a question here, and there isn't enough information to answer what I think you're asking. What is your relationship to this case?  Are you the debtor?  Are you a creditor?  Are you representing the debtor, or a creditor?   Different answers for different relationships.  If you're a creditor, it's likely in your best interest to report the bankruptcy fraud, but I don't see how you have any legal obligation to do so. Mark Markus has been practicing exclusively bankruptcy law in California since 1991.  He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization,  AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.