Vehicles include cars, trucks, boats, motorcycles, snowmobiles, campers, ATV’s, etc.
We will need a copy of either your vehicle title or Confirmation of Ownership document to prove ownership. A registration document is unacceptable.
If you do not have your title, you must obtain a Confirmation of Ownership from the Wisconsin DMV by calling (608) 264-7447. Enter Option #2. A DMV representative will confirm your identity on the phone and your will receive your Confirmation of Ownership in approximately 1 week by USPS. Down the instruction document here.
Can you keep your vehicle(s)? This is a common question asked by clients. Yes, you can keep your vehicle(s). If you have vehicle loan(s), keep making your monthly payments, unless you would like to surrender the vehicle(s), then stop making the payments.
Please Note: Your decision to reaffirm, redeem, or surrender assets or liabilities secured by property that is part of your bankruptcy, must be declared to the court within 30 days of the filing of your bankruptcy case. Additionally, your intention must be carried out within 30 days from your creditor meeting.
Failure to carry out your intent within the above time frames may affect the dischargeability of your debts. The automatic stay imposed by the court with respect to property subject to the rule may be affected. See: In re Thompson, 581 B.R. 1 (Bankr. Mass., 2018) In re Thompson, 581 B.R. 1 (Bankr. Mass., 2018)