Legal Question in Bankruptcy in Pennsylvania

what can be kept

i want to know if you allowed to keep your property like if i submit a vehicle and you still have a loan on it


Asked on 6/04/01, 12:57 pm

1 Answer from Attorneys

Re: what can be kept

The Bankruptcy Code contains a list of categories and amounts that you can retain. A car, particularly if there still is a loan on it, typically can be kept.

You should consult an experienced bankruptcy attorney about your individual situation. If you live in Lehigh, Berks, or Lancaster Counties, or the 5-county Philadelphia area, a bankruptcy petition would be filed in U.S. Bankruptcy Court in Philadelphia, which is where I practice. Please feel free to contact me.

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Answered on 6/27/01, 9:52 am


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