Can filing for bankruptcy save your car from being repossessed? The answer is yes. In addition, if your car has already been repossessed, filing for bankruptcy can still save your car in most cases if you file within 10-14 days days of repossession. There are specific S.C. state laws on the time period, so if your car is repossessed please do not wait until the tenth day to call a bankruptcy or consumer attorney! Please note that in some circumstances there can be some storage or repossession fees you may be resonsible for. I am usually able to limit these fees for you. In addition, it usually takes 1-3 days to get the car returned after we have notified your lender of the bankrutcy filing and provided proof of insurance.
Relevant Case Law: http://www.scb.uscourts.gov/MessageWebService/ViewOpinion.aspx?id=158
Relevant repossession article: http://www.ehow.com/about_6320997_debtors-south-carolina-car-repossession.html