can you please give me your experience?
If you file bankruptcy, do they take your cars or anything worth a lot of money (flat screen tv's, jewelry, etc- even if its paid off?)
Asked by Anonymous at 10:15 PM on Nov. 11, 2010 in Money & Work
We declared bankruptcy in 2009. We got to keep our car as long as we continued to make payments on it (we had yet to miss any at the time) and all our possessions. We didn't own a house so that made things easy. We actually started the process in 07 but it took us until early 09 to pay off the lawyer so he would actually file for us. Then it took a few months to get through the courts. We were finally discharged last September.
Answer by justanotherjen at 10:23 PM on Nov. 11, 2010
Answer by Mrs.B3 at 12:43 AM on Nov. 12, 2010
Answer by L.Makakoa at 12:43 AM on Nov. 12, 2010
Answer by tasches at 2:56 PM on Nov. 12, 2010
Answer by Candi1024 at 3:13 PM on Nov. 12, 2010