Kansas City, MO asked in Bankruptcy for Kansas

Q: When filing for a chapter 7 bankruptcy do I need to include all vehicles that are in my name even if its not my vehicle?

When filing chapter 7 bankruptcy in Missouri must I include all vehicles that are in my name, regardless if they are mine or not? I am asking because I bought a few auction vehicles for relatives, they paid for them. I am worried that if I do they could be taken away from them during the bankruptcy, regardless of them being exempt or not.

Also, I had a vehicle repossessed from me. (That being the main reason I have to file bankruptcy) Do I need to include that vehicle on my bankruptcy as an asset?

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1 Lawyer Answer
Timothy Denison
Timothy Denison
  • Bankruptcy Lawyer
  • Louisville, KY

A: Yes. You must list all property owned by you or in your name.

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