Q: I have 2 cars in my name and I'm married. Can I keep both?
One of the vehicles is paid off the other is not as it is my wifes.
A: Depends on the value of these vehicles and the equity therein.
A: Under Oklahoma exemptions in a joint case where both spouses file bankruptcy each are able to exempt one car at a value of $7500 per vehicle. If there is a loan against a vehicle the equity should not exceed $7500 to be a protected asset.
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