Filing Chapter 7 and keeping my car? 3 Answers as of October 30, 2010

If I were to file chapter 7 will I have to give up my car, if the car payment is currently behind

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Sussman & Associates
Sussman & Associates | Mitchell Sussman
Probably...if you catch up, however, you should be able to keep it.
Answer Applies to: California
Replied: 10/29/2010
The Law Office of Mark J. Markus
The Law Office of Mark J. Markus | Mark Markus
If you are behind on your car payment and wish to keep it, you will need to enter into a reaffirmation agreement with the vehicles creditor. This will obligate you to owing the full amount on the vehicle after you receive your bankruptcy discharge. Be sure to discuss this carefully with your attorney as you may have other options in dealing with your car.
Answer Applies to: California
Replied: 10/29/2010
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