I want to surrender my car. When do I do it?

Successful debtor 1
Successful debtor 2
Successful debtor 3
Successful debtor 4
Successful debtor 5
2,647 families filed bankruptcy using Upsolve.

A nonprofit that helps you file bankruptcy for free.
  • We've helped over 2,000 families each clear on average $51,877 of debt.
  • Our users often file within 10 days of starting.
  • Our award winning nonprofit's help is 100% free.

Want to talk to a counselor at a nonprofit we trust about alternatives to bankruptcy? It’s free. Get More Info.

"Surrendering" your car means that you give it back to the lender that you financed it with. If you surrender your car, any debt that you owe on it will be forgiven when you receive your bankruptcy discharge.

If you would like to surrender your car, you must:

  1. let the bankruptcy court and the lender know on your "Statement of Intention" forms,

  2. wait for the court to authorize the lender to repossess the car, and then

  3. make the car available for the lender to repossess. They can either come and get it from you or you can bring it to them at an agreed location. There is no hard and fast rule, but most creditors will try to repossess the car a few weeks after the court authorizes them to do so.

If you would like to learn more about surrendering your car during bankruptcy, check out this article. What you choose to do with your car in your bankruptcy is entirely up to you, and a choice that made sense for someone else may not make sense for you. We at Upsolve do not recommend any particular way forward, but we hope that this article and others we have written on the topic of secured debt gives you the tools you need to make an informed decision.

It's easy to get help

Choose one of the options below to get assistance with your bankruptcy:
Page 1Created with Sketch.

Free Bankruptcy Help

Take our bankruptcy screener to see if you're a fit for Upsolve's free service!

2,647 families filed with Upsolve ☆
OR

Private Attorney

Get a free bankruptcy evaluation from a local law firm.

Want to talk to a counselor at a nonprofit we trust about alternatives to bankruptcy? It’s free. Get More Info

Questions about bankruptcy?

Research and understand your options with our articles and guides.

Go to Learning Center →

Questions about Upsolve?

Read Support Articles →
Legal Services Corporation
Robin Hood
The Upsolve Team
Harvard University
Fast Forward

Upsolve is a 501(c)(3) legal aid nonprofit that started in 2016. Our mission is to help low-income Americans in financial distress get a fresh start through Chapter 7 bankruptcy at no cost. We do this by combining the power of technology with attorneys. Spun out of Harvard Law School, our team includes lawyers, engineers, and judges. We have mission-driven funders that include the U.S. government, former Google CEO Eric Schmidt, and private charities.

To learn more, read our reviews from past clients, or read our press coverage.

Close

Considering Bankruptcy?

Are you interested in our free bankruptcy services, talking to someone about alternatives to bankruptcy, or a free consultation with a paid attorney?

Need bankruptcy help?