Q: Have two car loans in my name, will I be able to keep them both in Chapter 11 Bankruptcy?
Thinking to file Ch 11 do to medical diagnosis of cancer. Have 2 fairly new car loan only in my name. One is my sons car ( he pays out of his account). Little equity. Othe car is family use (me, my wife, disabled mom). About $8000 of equity. My wife pays for it out of her account. Both loans up to date on payments. What are the chances I get to keep both cars?
A: This will depend on a multitude of factors related to you and your particular situation. Only an attorney who has reviewed your entire situation could possibly provide you with any meaningful advice regarding your question.
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