Filing bankruptcy can affect your assets in a variety of ways. It all depends on the specific asset, the amount, if any, owed on that asset, and the type of bankruptcy you choose. Cars and Homes Most people do not lose their vehicles or homes in a Chapter 7 filing of bankruptcy. You should do...Read More

If you car is worth less than what you owe, you are paying excessive interest and that is equal to your loan servicer ‘stealing’ from you. You can cut interest rates, reduce loan balance and significantly reduce your total loan amount by cramming down your auto loan in Chapter 13 bankruptcy. A cramdown puts Chapter...Read More