Legal Question in Bankruptcy in Arizona

Filing individual chapter 7 bankruptcy due to debt from a prev marriage. Currently remarried , i have a vehicle that is paid for and is worth $2k and my spouse has 2 vehicles he is financing since our marriage but they have no equity in them yet. Do I claim them all as real property still?

Asked on 12/07/11, 1:29 am

1 Answer from Attorneys

Scott Hyder Law Office of Scott W. Hyder, PLC
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Yes, you need to claim them all. You should hire a bankruptcy attorney to make sure you don't lose any of the cars. Never file a Chapter 7 without an attorney because there are a lot of traps. Feel free to call me. (602) 923-7370

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Answered on 12/07/11, 8:06 am

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