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Will you lose your house or any car when you file bankruptcy?


Probably not. Hire a good bankruptcy attorney to be sure. Most people that file are able to exempt, meaning protect, their property from being taken by the bankruptcy trustee. You are required to disclose the property you own, however, there are many exemptions available in bankruptcy. Specifically there are homestead exemptions and motor vehicle exemptions.


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©2020. The Rashid Law Firm. We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code. Disclaimer: This Website contains general information. The information on this Website is not intended to be legal advice and viewers should consult with an attorney.