Legal Question in Bankruptcy in Texas

Can I keep my automobile

How do I know if I can keep my car? Is it determined by how much is still owed?


Asked on 5/23/02, 2:29 am

1 Answer from Attorneys

Andrew Nichols Law Office of Andrew B. Nichols

Re: Can I keep my automobile

In Texas when you file you can always keep your car. You have the option to keep your car by just continuing to make the monthly payments. Or, you can enter in to a special agreement called a "reaffirmation agreement" pledging to repay the car loan (maybe you can get the interest lowered). There are several strategies involved with cars. Please feel free to call me personally to discuss your situation. ph. (972) 231-5500 or (800) 303-0720

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Answered on 5/23/02, 11:27 am


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