Legal Question in Bankruptcy in Maryland

chapter 7

Can I keep my home and car if I file chapter 7, and still owe on both ?


Asked on 5/28/01, 5:32 am

1 Answer from Attorneys

Daniel Press Chung & Press, P.C.

Re: chapter 7

It depends, but if you owe anything near the value of the assets, probably the answer is yes. I practice bankruptcy law in MD, VA, and DC, so feel free to call if you have further questions. In any event, please get a lawyer, as bankruptcy law can be complicated and it is very risky to file without proper legal advice and representation.

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Answered on 6/22/01, 7:51 pm


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