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How can I surrender my car in Chapter 7 bankruptcy?


If you're considering surrendering your car in Chapter 7 bankruptcy, there are a few things you need to know. First, you'll need to surrender the vehicle to the lender or whoever holds the title. You'll also need to provide a signed statement that says you're giving up your interest in the vehicle. Finally, make sure you get a release of liability from the DMV so you're not responsible for any accidents or damages that may occur after you've surrendered your car.




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