Legal Question in Credit and Debt Law in California

With regard to seizure of other properties, there are exemption laws that protect personal and real property and debts can be discharged in bankruptcy. Deficiencies pursuant to motor vehicle repossessions can be steep. Those car commercials, all gleaming chrome, open road, and pretentious voiceovers... translate into a lot of debt. I recommend consulting with a bankruptcy attorney in your area.

Belabored cocktail-party-conversation-as-legal-advice-clich� disclaimer: this answer (as well as our Web site) doesn�t address all facts & implications of the question; it�s general info, not legal advice to be relied upon; it creates no attorney-client relationship; it may be pertinent to CA only; it�s independent of other answers. Seek legal counsel before acting or refraining from bankruptcy/legal action; it�s worth the cost. Okay, I�m done.