Legal Question in Bankruptcy in Texas

I am going to need to file chapter 13 bankruptcy to help in the foreclosure of my home. My question is concerning the cars that I own. My husband myself and teenage daughter all own cars that are paid off. Will I be asked to sale any of the cars? Thank you for any help you may give me.


Asked on 2/16/11, 12:09 pm

1 Answer from Attorneys
Rustin Polk 214bankruptcy.com

No, you will not be forced to sell your cars in a Chapter 13-- http://www.214bankruptcy.com/what-happens-to-my-car-if-i-file-bankruptcy/

You mentioned using Chapter 13 as a means to stop a foreclosure. You're 100% correct about that-- http://www.214bankruptcy.com/can-bankruptcy-stop-foreclosure/

I hope this helps.

Rustin Polk

Dallas Bankruptcy & Foreclosure Lawyer

www.214bankruptcy.com

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Answered on 2/16/11, 12:28 pm


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