Legal Question in Wills and Trusts in Utah
auto regestered under family trust
I have a truck that is regestered to the --family trust/
If I was to file bankrupcy, could I include the truck, and would I beabe to keep it?
It is our only car 5,000 is owing
Asked on 10/18/00, 11:57 pm
1 Answer from Attorneys
Alvin Lundgren
Alvin R. Lundgren, L.C.
Re: auto regestered under family trust
If you are a trustee and beneficiary you should disclose the truck. If you are not a trustee, the truck belongs to another entity which in not in bankruptcy. In either event if the bankruptcy trustee asks you about it - be honest.
Answered on 11/14/00, 11:02 pm