I have a 99 expediton that has a blown spark plug for a second time and i need reliable transport. It is not owned free and clear and is included in on my chapter 13 bankruptcy. I need to know if I can trade it off for more reliable transport?
You must get permission from the "referee" of your bankruptcy filing – check with the court and ask the bailiff if the Judge has named a "referee" for your filing. Its not normal that your vehicle was not taken for the amount owed on it. In any event is not yours to trade – and if the court granted this vehicle to you for transportation – you still need the pink on it in order to sell it or trade it. When you drive/tow your vehicle in to a lot to effect a down payment or trade on another vehicle, they first thing they’ll be doing is calling the "legal owner" listed on the registration – that will be the loan company – the loan company will explain the circumstances of your loan (its unpaid) and an outstanding amount must be paid in order to clear the title – then the new auto dealer will affirm or deny the amount based on your credit worthiness – how do you think you’ll rate?
