How do you keep a vehicle before you file chapter 7?

Anonymous

∙ 14y ago

Updated: 8/18/2019

You can usually keep your car if you keep making payments. If you own the car free and clear, and below the exempt amount, you can keep the car. If the value is higher than the exempt amount, then you can pay the difference between car value and exemption to the BK trustee.

Wiki User

∙ 14y ago

What else can I help you with?

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

yes

In Colorado if you file Chapter 13 can you keep your vehicle even if it is past due?

Ask your B/K attorney. That's what you are paying for. INFO.

Can your vehicle be repossessed after you file Chapter 7 bankruptcy?

No. But they can ask to be excluded from the bankruptcy. Usually a deal can be made with the lender to keep a vehicle. If it is covered by the exemption and the borrower lives up to the contract agreement.

Filing a Chapter 7 with 2 payments owing on your car how long do you have in getting it current before the creditor can take it if you plan on curing the default 30 days after filing?

When you file a Chapter 7 bankruptcy, you have the option to keep your home and 1 vehicle. If you are able to make the last 2 payments on the car, you can keep it and not include it in the bankruptcy.

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 you keep your home if you file chapter 13 bankruptcy?

yes

Can you file chapter 7 in Florida and keep your home and property?

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.

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?

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 checking account when you file for bankruptcy?

Can u keep your checking account after filing chapter 13?

If you file Chapter 7 and include your car how long do you have before they come and get it and how can you buy some more time?

Keep sending payments and the creditor should be happy.

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