Category Archives: Property in bankruptcy Video

If I declare bankruptcy, can I lose my car?

Ohio Debt Relief, Credit Counseling & Bankruptcy Attorney
[bkvideo file=”/bkvideos/Can I lose my car complete.mp4″ width=”590″ height=”443″ thumb=”default”] In most cases, you will not lose a car in bankruptcy unless that’s what you intended to do. Bankruptcy law provides certain protections for equity that we have in our cars. For individual, there’s a $3225 equity exemption for an automobile. Therefore, if your car […]

If I declare bankruptcy, can I lose my house?

Ohio Debt Relief, Credit Counseling & Bankruptcy Attorney
[bkvideo file=”/bkvideos/Can I lose my house complete.mp4″ width=”590″ height=”443″ thumb=”default”] While it is possible to lose your house in a bankruptcy, This generally does not happen if you use a bankruptcy attorney, and unless this is the desired result. Most people in both chapter 7 and chapter 13 keep their homes if that’s what they […]

Will I have to give up all my assets?

Ohio Debt Relief, Credit Counseling & Bankruptcy Attorney
[bkvideo file=”/bkvideos/Will I have to give up assets complete.mp4″ width=”590″ height=”443″ thumb=”default”] The truth is that most of the time nobody loses any property when they file a bankruptcy. The myth that you lose property when you file a bankruptcy is simply that, a myth. On the other hand, sometimes it does make sense to […]
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