Asset Retention
In filing for discharge of unsecured debts in excess of $50,000.00 in chapter 7 can a married couple that is retired and on social security as their only means of income keep their home ( a Double wide Trailer) ( A 2000 Chevrolet Impala ) & ( a 1996 dodge pick up truck) as well as other household items & furniture if they are paid for.
Asked on 4/16/07, 5:11 pm
1 Answer from Attorneys
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
Re: Asset Retention
No one will be able to answer you without a review of all your assets and debts. You MAY be able to keep them depending on teh value, the amount of any liens on it, and whose name(s) it is in. To get that type advice, please complete one of our free bankruptcy worksheets (at www.glenashman.com ) and then call me for an appointment.
Answered on 4/16/07, 5:14 pm
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