Whether you lose your home or car in a Chapter 7 depends on numerous factors, none of which you have provided. It depends first of all, of course, on whether you stay current with any payments to creditors secured by those assets.
If there is equity in either of them, whether you can retain them depends on what exemptions are available under applicable state or federal law. Exemptions are "protections" for value you have in certain assets such that they are "exempt" from collections. Every state has different exemptions amounts available. Exemption laws are based on the state where you resided for the 2 years prior to filing your bankruptcy case or, if you lived in more than 1 state during that period, in the state where you resided for the greater part of the 180 days prior to that 2 year period.
You need to consult with a bankruptcy attorney in your area for more details.
Mark J. Markus, Attorney at Law
Handling exclusively bankruptcy law cases in California since 1991.
http://www.bklaw.com/
bankruptcy blog: http://www.bklaw.com/bankruptcy-blog/
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