The Motley Fool Discussion Boards

Previous Page

Financial Planning / Living Under Bankruptcy

URL:  http://boards.fool.com/bk7-what-about-my-car-i-need-it-15895785.aspx

Subject:  BK7, What about my car? I need it! Date:  10/10/2001  12:42 AM
Author:  MTS21 Number:  946 of 1260

Hi!
Preparing to file BK7.
I use my car for work (real estate agent).
I owe $13,500 on it and it would probably retail for $17,500.
What happens?
Can I keep it?
If so, do I continue making the payments and finally pay it off one day? It seems this might be one way to immediately begin re-establishing credit.
Thanks for input!
Todd
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us