new value bankruptcy
If I file for chapter 7 bankruptcy can I keep my car?
I’ve read a bit of things about chapter 7, but one thing isn’t clear. Under the new laws, I do qualify for it. I’m in Missouri. It says I can keep the car up to the value of 3k. My car is work 7k. I obviously cannot afford nor would I qualify to get a new car and I have no money (which is why the bankruptcy). I live alone and can’t go without a car. What will happen in this case? I have no other assets other than that.
yes you can keep your car you will just have to reaffirm your debt and ability to maintain payments on your vehicle and may end up paying less each month or less over all.
|
|
Distressed Debt Analysis: Strategies for Speculative Investors $83.96 Moyer provides the insight, in-depth analysis and strategies necessary to invest successfully in the securities of financially distressed companies. This high-risk, high-reward $400 billion market is more for institutional investors and often trades in blocks of $1-$5 million…. |
|
|
Dombey and Son (Penguin Classics) $5.61 Paul Dombey is a heartless London merchant who runs his domestic affairs as he runs his business. In the tight orbit of his daily life there is no room for dealing with emotions because emotion has no market value. In his son he sees the future of his firm and the continuation of his name, while he neglects his affectionate daughter, until he decides to get rid of her beloved, a lowly clerk. But D… |
|
|
Distress Investing: Principles and Technique (Wiley Finance) $36.80 Praise for Distress Investing”Marty Whitman has distilled decades of distressed investing experience into a text that is a must-read for everyone interested in the field, whether a student or a professional investor.”—Wilbur L. Ross, Chairman and CEO, WL Ross & Co. LLC”Distress Investing: Principles and Technique represents a detailed and unique perspective on an arcane arena of investment that … |
