QUESTION
Can I lose one of my two cars when I file bankruptcy?
Asked on Mar 08th, 2012 on Bankruptcy - Florida
More details to this question:
If I own 2 vehicles as a single person, can I lose one when my home is foreclosed on and I am forced to file bankruptcy?
1 ANSWER
Commercial Bankruptcy Attorney serving Davie, FL
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Law Office of Jeffrey Solomon
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This depends on the value of the cars. You can keep in Florida as a renter $1,000 in personal property, $1,000 in value in a car, and another $4,000 that you can apply against a car.
Answered on Mar 09th, 2012 at 5:40 AM