Yes, you can keep your car! Or even buy a new one!People often ask what will happen to their car if they file for bankruptcy. The answer depends on what type of bankruptcy they choose to file, as well as their personal situation. If a debtor chooses to file for chapter 7, and if there is no lien ...
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Cars in Bankruptcy.
Yes, you can keep your car! Or even buy a new one! People often ask what will happen to their car if they file for bankruptcy. In a chapter 7 case, if there is no lien on the debtor's car, it is likely that the debtor will be able to keep his or her car (however, this depends on the ex...