The answer depends on whether you have enough exemptions available and what type of bankruptcy you’re filing. Chapter 7 Bankruptcy If you file for Chapter 7 bankruptcy and have more equity in your vehicle than you have available exemptions, then...
Most people probably do not understand that 90% of the time when someone files a Chapter 7 bankruptcy they do not lose any of their property. This is because in a bankruptcy, you can keep all property which the law...
Bankruptcy is a federal law that allows the honest but unfortunate debtor to get a fresh start. Since it is a federal law, one might expect that filing bankruptcy would be the same anywhere in the country. Oddly, this is...