Legal Question in Bankruptcy in Ohio

Re: under chapter7 assets taken away

You have the option of "rejecting" or "assuming" the lease when you file a Chapter 7. As long as you can afford to continue making the lease payments, you should have no problem. However, whether or not the lease company will grant you another lease is up to the lease company. Each company has their own set of criteria, so it is best to ask them about their policy.

As far as your stocks and CDs for retirement, I do not know which state you live in -- but most states have exemption allowances for retirement funds. I do not know the exemption allowance for your state or the amount of your stocks and CDs, so it is impossible to answer this question.

Have you hired an attorney to prepare your Chapter 7? If so, I recommend you contact him or her concerning your specific situation.