Can I keep my property?

Can I keep my property?

 

This is a very common question, and one that many people worry about.  Whether you file a Chapter 7 or a Chapter 13, you should be able to keep most, if not all, of your possessions.  Cars and houses, which are usually your most expensive assets, may have to be sold or relinquished; however, your family heirlooms, favorite clothes, and entertainment system will probably not leave your hands.

 

 

 

This information has been prepared for general knowledge purposes and is not intended to serve as legal advice.