Legal Question in Credit and Debt Law in Florida

Can we keep our car?

My 30 yr. old daughter filed bancruptcy a while back. She has also lost her job. She has just had her car repossessed which has a balance on it. If I buy her another car and pay cash for it is the new car safe from being taken by creditors? Should it be in my name or hers? Or both?


Asked on 4/12/04, 3:47 pm

2 Answers from Attorneys
David Slater David P. Slater, Esq.

Re: Can we keep our car?

Unless all of her debts were discharged I wouldn't have anything in her name.

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Answered on 4/12/04, 4:36 pm
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Can we keep our car?

Anything in her name, unless exempt, is reaqchable by her creditors. The creditors can reach her interest in the non-exempt property.

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Answered on 4/13/04, 9:41 pm


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