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Bankruptcy

: The Debt Podcast

What?s a custodian? Get your car back in bankruptcy.

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You may be able to get your car back in bankruptcy even if it has been repossessed before you file your case. That’s because the repo guy is a “custodian” under the Bankruptcy Code. A ”custodian” means:  receiver or trustee of any of the property of the debtor, not in bankruptcy assignee under a general assignment for the benefit of [...]

Full post as published by The Debt Podcast on December 16, 2009 (boomark / email).

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