secured or unsecured???

[shan31]

I have been all over the internet and cant get this question answered! I had a secured car loan the car was repoed so will that be reported as secured or unsecured? same for the house it was foreclosed on and we no longer live in it. is it still listed as secured or unsecured? any help would be appreiciated.

[despritfreya]

If the collateral is in the hands of the lender the balance owed (deficiency) is listed in Schedule F as an unsecured debt.

[justbroke]

despritfreya, I think I would add that by "in the hands of" you mean that title has passed to the creditor.