Filing Bankruptcy
Letter to “Ask Leon”
I AM THINKING ABOUT FILING BANKRUPTCY. MY CAR IS PAID FOR AND I AM WONDERING IF IT WOULD BE TAKEN FROM FILING BANKRUPTCY.
Leon Says…
For starters, see the “Exemptions” section in my bankruptcy guide at: http://www.debt-relief-bankruptcy.com/faq-browse11-6/bankruptcy-guide.asp
it all depends on what state you live in, the value of the vehicle, and the value of any other assets that a person has.