Can Loan against Auto be Avoided under 522(f)?
No. 522f is for involuntary liens.
Sent from my iPhone
On Nov 29, 2010, at 7:28 AM, "Tyson" wrote:
> Hi Everyone,
> Client got a $5000 loan against her paid off auto from Well's Fargo.
> Can this loan be avoided using a 522(f) motion? If yes, does Well's
> Fargo have to release the title immediately after lien avoided?
>
> Thanks
> Ty Takeuchi
>
>
No. 522f is for involuntary liens.Sent from my iPhoneOn Nov 29, 2010, at 7:28 AM, "Tyson" <tysonlawfirm@yahoo.com> wrote:
Hi Everyone,
Client got a $5000 loan against her paid off auto from Well's Fargo. Can this loan be avoided using a 522(f) motion? If yes, does Well's Fargo have to release the title immediately after lien avoided?
Thanks
Ty Takeuchi
The post was migrated from Yahoo.
Hi Everyone,
Client got a $5000 loan against her paid off auto from Well's Fargo. Can this loan be avoided using a 522(f) motion? If yes, does Well's Fargo have to release the title immediately after lien avoided?
Thanks
Ty Takeuchi
The post was migrated from Yahoo.