A frequently asked question from potential bankruptcy filers is “can I keep my car?” Now… assuming that the car in question is not a Porsche 911 that is fully paid for, keeping the car will not likely be a problem. Most of the time, my potential bankruptcy clients have an income issue and are driving a modest car that is financed. In that case reaffirmation of the loan will be under taken and as long as the car loan is paid on time keeping the car will not be an issue.
Please link to our Article here for full details on how bankruptcy affects all of my property.
Interested in how we can help you with your bankruptcy case? Give us a call at 732-302-9600 or fill out our online consultation and we will call you! We look forward to hearing from you and answering all your questions!