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As a rule, yes. It's pretty common to do this, because people need a car to go to work.

The court has to approve any debts you want to reaffirm, so if you have an income of #14,000 and the car is a Ferrari, the judge may tell you to get a car you can afford

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Q: Can you still continue to make car payments and keep your car if you file for bankruptcy in NYS?
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What bankruptcy can you file to keep your home if you are behind in payments?

If you are behind in your payments and you declare bankruptcy usually you can remain in your home and continue payments. However the lender will most likely begin foreclosure since you can't afford it and you are at higher risk.


Can you file bankruptcy in Ohio then move to Germany before the bankruptcy is complete?

Yes, you can move anywhere you want to, but if you are paying payments (Chapter 13) you are still legally obligated to make the payments.


If you file for bankruptcy and you cosigned for someone can the car loan be included in the bankruptcy if the person is not making their payments?

YES, you can include it whether the payments are current or not.


If you have a promissory note based on a business loan and you file bankruptcy on that business loan is the promissory note still valid?

Even though you file bankruptcy, you still have to honor the promissory note. If you are ordered to make installment payments then you will have to pay the promissory note in installments.


If you continue to make payments will bank continue to pay taxes and insurance from escrow if you do not reaffirm your mortgage after chapter 7 bankruptcy?

If you continue making the regular mortgage payments, including the escrow amounts, you are reaffirming the debt. It would be better to formally file a reaffirmation agreement that is approved by the court.


Can you file bankruptcy on a rent to own home in Pennsylvania?

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How much debt can you have before filing for bankruptcy?

There's no maximum amount. If you can't make your payments you file bankruptcy.


You are financing a vehicle but you can no longer afford payments what can you do?

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If someone is being sued for back rent and breaking their lease can they still file for bankruptcy?

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

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Should you file for bankruptcy if you can not make credit card payments?

yes noob how dont you know that


Can you file bankruptcy on restitution?

No you can not file bankruptcy on anything that is court ordered.CAN YOU FILE BANKRUPTCY ON RESTITUTION?