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Keeping a Car If Filing Bankruptcy | Frequently Asked Yes, you can keep your car in Chapter 7 bankruptcy if your state's motor vehicle exemption--plus any wildcard exemption--covers all your vehicle You have the option to keep your car, surrender it (give it back to the lender, stop making payments, and never be responsible for another payment ), or
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Facing Chapter 7 Bankruptcy? Don't panic! This video equips you with EXPERT ADVICE to navigate this process. Learn what to A common question that our attorneys get in a bankruptcy case is what will happen to your car if you leased or financed it. If you own a car, you can keep it under either the Tennessee or federal bankruptcy exemptions as long as it does not exceed a certain value. · If you owe money
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If I File Bankruptcy, Can I Keep My Car? Colorado Bankruptcy Attorney Matt Berkus discusses what happens to leased vehicles in chapter 7 bankruptcy. Will you keep the Do you have a paid in full car or a car with a lot of equity, and are considering filing bankruptcy? Do you want to keep your car that
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How to Keep Your Home and Car in Chapter 7 or 13 Bankruptcy What Happens to Leased Cars in Chapter 7 Bankruptcy Brian addresses the common concern that filing for Chapter 7 bankruptcy means losing your car. He reassures people that, with