Many of my clients are concerned with this very question. In general, if you meet the following 3 requirements, then you can keep your car(s):
  • The equity in the car(s) is exempt
  • You are current with the payments, and
  • You can keep making the payments. In most cases, I am able to utilize the laws in your favor to “exempt” your vehicle(s).
The bankruptcy will eliminate your personal liability for the loan, but it does not disturb the lien. Thus, after bankruptcy, the mortgage lender still...
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