If you file for Chapter 7 bankruptcy, you may be able to keep your vehicle even if you still owe a balance, depending on your state of residence, the value of the car, and how much you owe. Nearly all consumer bankruptcy attorneys offer free consultations, so you should meet with one to get advice specific to your financial situation and details. You can find attorney referrals through the National Association of Consumer Bankruptcy Attorneys.

1. If I file Ch 7 Bankruptcy, can I keep my vehicle which still has a balance?
It depends, but probably. What state do you live in? How much is this car wo
orth? How much do you owe? Nearly all consumer bankruptcy attorneys offer fr
ee consultations. Take advantage of this to meet with one and get advice based o
n all of the details of your particular situation. You can find a referral at NA
CBA.org (National Association of Consumer Bankruptcy Attorneys).