if i file chapter 7 will they make me sell my car and furniture

things like my care and furniture

Hi nicelady,

As far as I know, you'll have to list you car as an asset while you file Chapter 7. If the car is free and clear, then the trustee may sell it off in order to pay off your creditors. As far as the personal belongings like furniture, electrical appliances, etc. are concerned, you will be able to keep it.

Thanks

will i be able to keep my car if i owe on it

hi aura,

you will have to reaffirm the car loan while you are in chapter 7 bankruptcy filing. then you need to make the payment on time. this will help you in saving your car.

thanks