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How long after the stay gets lifted?

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    #1

    How long after the stay gets lifted?

    So I have decided to surrender my car since I'm so upside down. I believe the stay will be lifted in the next day or two. Trying to figure out how quickly they will come & get it. I was planning on just calling them and setting up a time or dropping it off at the dealer as I don't want them to come get it at the house.

    Does the finance company get noticed electronically or by mail when the relief is granted?
    Any idea how many days I have?
    Anybody have any experience with Hyundai motor finance?

    Thanks!
    Tags: None
    #2
    They will be notified electronically.

    Depends on your states and the local rules. However it could happen the night after the stay is lifted. I wouldn't leave any personal items in the vehicle. You could call them and arrange a date and time to surrender once the stay is lifted, they might or might not contact you prior to the repo man knocking on the door.
    May 31st, 2007: Petition Filed by my lawyer
    July 2nd, 2007: 341 Meeting Held
    September 4th, 2007: Discharged and Closed.

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      #3
      Normally they will make an arrangement with you/your attorney for the vehicle to be available for pick up.
      7-2-2009 Filed
      8-28-09 341 Concluded, no assets
      10-28-09 DISCHARGED/CLOSED!!!!

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        #4
        I surrendered one of my cars. I worked with the repo guy I don't think by any means this is the norm but it took them 3 weeks to make arrangements for me to meet them to hand over the car.
        Chapter 7 07/30/2008
        341 09/17/2008
        Discharge 11/21/2008

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          #5
          I assume the notice will be put on pacer when it is lifted. I just plan on watching it & calling them to make arrangements as soon as that happens.

          I'll be glad when this part is over--I'm more nervous about this than anything

          Comment

            #6
            Originally posted by babynurse31 View Post
            I assume the notice will be put on pacer when it is lifted. I just plan on watching it & calling them to make arrangements as soon as that happens.

            I'll be glad when this part is over--I'm more nervous about this than anything

            If you make arrangements to surrender the car you will have control of the situation and this fear and uncertainty will disappear!
            Well, I did. Every one of 'em. Mostly I remember the last one. The wild finish. A guy standing on a station platform in the rain with a comical look in his face because his insides have been kicked out. -Rick

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