How to Keep your Car in Bankruptcy

more+
less-

In filing for bankruptcy, the thing people fear most is losing important assets such as their house or car. Having a house to live in is obviously important, but in certain situations, it is almost impossible to survive financially without a car. You would need a vehicle to help you get to and from work, at the very least. Hence, most people would want to keep their vehicles when filing for bankruptcy.

The good news is that it is possible to keep your car or whatever vehicle you own when you file for bankruptcy. However the conditions depend on a few factors. The first determining factor is the type of bankruptcy you file for. Essentially, for individuals there are two types of bankruptcy – chapter 7 and chapter 13.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Tampa Bay Bankruptcy Center, P.A. | Attorney Advertising

Written by:

more+
less-

Tampa Bay Bankruptcy Center, P.A. on:

JD Supra Readers' Choice 2016 Awards
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×