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Yes, in most cases, a person can keep their cars when they file for Chapter 7 bankruptcy. It will ultimately depend on the bankrupt court.
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∙ 9y ago
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Can you file chapter 7 in Florida and keep your home and property?
No
Are you allowed to keep your primary home and investment property if file you chapter 7 or 13?
If I file chapter 7 or 13 how long can I stay in my house?
If you have 2 cars in your name but 1 is for your fiance will they both be taken if you file chapter 7?
The vehicle that is protected by the state or federal exemption is the one which the debtor will be allowed to keep.
If I file Bankruptcy-7, will I be able to keep my 401k/ my home/ and my cay?
Chapter 7 is a liquidation bankruptcy, you are giving up your assets. If you want to keep your home and car you would need to file a Chapter 11 Bankruptcy.
In Kentucky How long after bankruptcy can you file chapter 7 and can you file chapter 13 after chapter 7?
You can file bankruptcy again 7 years after the last time you filed.
Can you file again if you filed in may 2005 on chapter 7?
You can file a chapter 13 bk, but NOT another chapter 7.
Can keep your rental property if file chapter 7 in Ohio?
If it has value above its debt, probably not.
How long do you have to be unemployed to file chapter 7?
You do not have to be unemployed to file bankruptcy.
When can you file a chapter 7 bankruptcy if you had a chapter 7 discharged in December 2001?
The bankruptcy petitioner can file another chapter 7 8 years after the date of filing of a previous chapter 7.
How many cars can you own in a chapter 7 filing?
The maximum amount of cars you can keep in a chapter 13 is two. However, you may not be able to keep those cars depending on if the judge approves your plan with those cars in them. Usually, you cannot keep cars over a certain amount or late model or sports cars. Each case is individual.
Can you file chapter 7 bankruptcy now after filing in July 2004?
A person can file chapter 7 after 8 years from a previous chapter 7. So the answer is NO.
Can you file chapter 7?
Anyone who is seriously struggling with debt can file for chapter 7 bankruptcy and it is up to the court to determine whether or not you will be eligible. Chapter 7 bankruptcy is usually best for people who:* Have no steady stream of income* Have a lot of exempt property* Cannot keep up with a strict payment plan
