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It depends on whether you are still making payments, what the judge considers to be reasonable requirements for your employment and the approximate value of the vehicle compared to something far more reasonable that might be used for work. There is no way to second-guess what the judge will decide, but if the title to the vehicle is security for a loan, you'll need to continue to make payments on the vehicle otherwise it will be given to the bank for their secured interest.
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∙ 17y ago
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When you go bankrupt can you keep your car?
yes u can
Will they take your car if you go bankrupt?
No
Can you file Ch 7 on your car and still keep it?
Please understand, your car does not go bankrupt...you do. Not just any specific one of your debts or assets are involved....all of your debts and assets are.
Can you be a teacher if you go bankrupt?
Can you be a teacher if you go bankrupt ?
How many times can you go bankrupt in mn?
Once you go bankrupt you are out of the game so you can go bankrupt once
Did GMC go bankrupt?
General Motors did go bankrupt.
Can you-tubers go bankrupt?
Absolutely, anyone can go bankrupt!
Can you go bankrupt on taxes?
do you have to pay tax late payments if you go bankrupt
How can a broker go bankrupt in a stock market?
when he trades on his own .. he will go bankrupt
If your wages are garnished for a car loan but the car hasn't been repossessed can you keep the car?
That's the point. They want the money, not the car, so they garnished your wages to pay that loan. Keep it, drive it, enjoy it. If you want to sell that car, any money would FIRST go to pay that loan and you could keep any cash left over.
How can you title a bankrupt car?
Cars don't go bankrupt - people, on the other hand, do - sometimes because of the car they bought. If you failed to make the payments on it, you have no right to the title - the lienholder does, as well as the right to repossess what is their property. So the short answer is that you don't.
Can you bankrupt a traffic ticket?
No you can not go bankrupt on traffic tickets
