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16y ago

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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.


Can you keep your home in a bankruptcy in NC?

It depends on which "chapter" of bankruptcy you file. I suggest you speak with an attorney to see what you can do.


Can you keep your home if you file a chapter 13 bankruptcy?

Yes, as long as you keep making the payments.


Can you keep your home if you file chapter 7 bankruptcy and owe more on your second mortgage than the first?

yes


Can you keep your vehicle if you file chapter 13 bankruptcy?

yes


Can you still keep your vacation home if you file bankruptcy if there is no equity?

In a chapter 7, yes, you can keep your vacation if you have no equity in it. This assumes you have not run out and borrowed money against it knowing you were going to file bankruptcy. In a chapter 13, the equity is only relevant to the amount to be paid to the unsecured creditors. You don't "lose" the property.


Can you keep your free and clear home if you file chapter 7?

Probably not, but it depends on the value of the home and the exemptions available to cover that value.Consult a local bankruptcy lawyer.


Can you keep your cars when you file for chapter 7?

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.


Can I file bankruptcy and keep my home?

If it is determined that you do not have an equity position in your home that exceeds the state statutory exemptions, you will be able to keep your home in a Chapter 7, as long as you continue to be current on your monthly mortgage payments


Can you keep your checking account when you file for bankruptcy?

Can u keep your checking account after filing chapter 13?


If you file bankruptcy in one state and own a home in another state may you keep it?

Bankruptcy is filed in "Federal Court". It doesn't make any difference where your assets are. The only time you can hold out is if your assets are outside the U.S. and the bankruptcy court doesn't know about them.


Can you keep your car that you are still paying on if you file chapter 13 bankruptcy in NM?

Generally yes.