Legal Question in Bankruptcy in Georgia
Can I keep my home and auto
If I had to file Chapter 7 can I keep my mortgage on my house because it is always paid. and also my autos are paid for. My bad debts are credit cards and medical bills, also I have a boat with a lein but I will let it go back.
1 Answer from Attorneys
Re: Can I keep my home and auto
You may or may not be able to keep a home and car depending on a large number of numbers you did not provide including the value ofthe home and car, the value of your other assets, the amount of debt, and other details. Get a free worksheet at my website if you're in metro Atlanta, complete the numbers and I can review them for you. Often the answer will be yes, but determining what will happen in a chapter 7 requires a lot of financial detail I don't have from you.
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