My Chapter 13 Bankruptcy will be finished Feb 2007. In my ltr from my attorney he said I would need a recordable order for my car in case I ever tried to sell it so that when they research the title itcomes up cleared. He wants to charge me $525.00 to do this adn if I wait until I would decide to sell it, it would be an additional $155.00 o re-open adn file it at that time. My question is this, can I do this adn thru whom, does it have to be by my attorney. It could be years before I decide to sell to sell it. Is this necessary?????? If I can do it myself, It would be better. Please advise.
recorable order for my car after my chpater 13 bankruptcy is finished
1 Comments:
A recordable order is an order, from the court, confirming the status of an asset. You could apply to the court and do it yourself, but unless you are familiar with court forms and procedures, it is probably quicker and easier to have your attorney make the application.
The recordable order may not be necessary; it is really more like a form of insurance so that you have no problems transferring ownership of your car in the future. If you believe you will be driving your car for many years, and by the time you finish driving it it will be virtually worthless anyway, it may not be worth it to get the order.
I would suggest you discuss this with your attorney again, or contact another attorney to see if they believe it's necessary, and how much they would charge to do it, since without more facts we are unable to advise you fully.
By Bankruptcy Expert, at 4:27 PM
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