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Keep My Car Bankruptcy - How to Keep Your Car

Benjamin Robert Ehinger
 


Visitors: 189

Are you considering filing for bankruptcy, but you don't want to give up your car? Have you asked how you can get a keep my car bankruptcy? There is a way to keep your car and file for bankruptcy and here is how you do it.

First, if you file for bankruptcy, but you do not include your car, then you can keep it.

Now, if your car is paid off and you own the title to it, then you have to claim it as an asset. This could cost you your car to pay off other debts. What you can do is refinance your car or get a title loan so that it is not paid off. Do this before you ever contact a bankruptcy lawyer.

Use the money you get for your car loan to pay off some of your debts. This will help you because you will have a lien on your car, which will allow you to keep it, and you will pay off a few debts, which will give you less to include in your bankruptcy.

Second, if your car already has a loan against is, then you have nothing to worry about. Just don't include it in your bankruptcy and continue to pay the payments on time. This will keep you from getting your car repossessed.

If you want a keep my car bankruptcy, then use either of these options to get it. Also, make sure you let your attorney know that you want to keep your car and they will do everything they can to make sure it will happen for you.

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