341 Hearing – What Is It?:
Basics on Surrendering a Car:
Car Repossession Timeline and Surrendering Timeline:
Chapter 13 Bankruptcy Basics:
Chapter 13 – Keeping Cars:
Chapter 13 – Keeping Homes:
Chapter 13 – Taxes Dischargability/ Dealing with Taxes:
Chapter 7 & Chapter 13 Differences:
Chapter 7 Bankruptcy Basics:
Chapter 7 – Taxes Dischargability:
Child Support – Treatment in Chapter 7 and Treatment in Chapter 13:
Confirmation Hearing:
Consultations - The Basics:
Credit Reports:
Creditor Harassment and Resources:
Do I Need an Attorney?:
Exemption Limits:
Foreclosure Timeline:
Garnishments – How They Work:
How does Bankruptcy & Debt Consolidation Differ?:
How Long Until Court?:
How Long until I can File
Keeping Cars – Chapter 7:
Keeping Homes – Chapter 7:
Preparing for Consultations:
Reaffirmation Agreement Basics:
Redemption:
Should I File a Chapter 7 or Chapter 13?:
Student Loans:
The Basics for Surrendering a Home:
This page has a pdf attached:
Timeline for a Chapter 13 Bankruptcy:
Timeline for a Chapter 7 Bankruptcy:
What are Priority Debts? :
What are Un-secured Debts?:
What can be done about Creditor Harassment?:
What can be done with an ARM (Adjustable Rate Mortgage)?:
What Debts Cannot be Discharged by Bankruptcy?:
What Happens to Garnishments? :
What Happens to Judgments?:
What is a Discharge:
What is a Trustee
What Property Can I Keep?:
Where do Bankruptcy Hearings Take Place:
“Automatic Stay” Order:

Keeping Cars

Many clients are curious as to whether they can keep their vehicles in a Chapter 7 bankruptcy. Often times, the answer is yes. If a debtor is current on their vehicle when they enter into a Chapter 7 bankruptcy and remains current through their Chapter 7 bankruptcy, they will keep their vehicle.

Some lenders require that a reaffirmation be signed in order to keep the property. The number of lenders now requiring a Reaffirmation Agreement are exceedingly few. If your lender requires a Reaffirmation Agreement, your attorney will let you know.