Legal Question in Bankruptcy in Texas

can we keep car and motorcycle

My husband and I are considering filing bankruptcy due to large credit debt. We have my car which has a loan, which I intend to keep. My question pertains to his vehicles. He has a Jeep which will be paid for in about 2 months, and a motorcycle which also has a loan against it. Will he be allowed to keep both as long as we can make the payments.


Asked on 8/07/01, 10:38 am

1 Answer from Attorneys
Cole Fulks Cole Fulks, P.C.

Re: can we keep car and motorcycle

Short answer: Yes, if you are current on payments. I am assuming you will be filing a Chapter 7 case? If you are in the Fort Worth/Dallas area, contact me if you need help.

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Answered on 8/07/01, 5:17 pm


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