Can I File Bankruptcy on Just My Credit Cards?
Sawin & Shea
AUGUST 9, 2023
However, secured debt means the borrower has put up collateral (e.g. a car or their home), and agrees that they will repay the loan in a timely fashion or else the lender will gain ownership of the collateral they used to get the loan. Creditors cannot reclaim any of your property if you default on a loan. The answer is yes.
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