Legal Question in Bankruptcy in Pennsylvania

property assets

i have been considering bankruptcy, however i have a car on lien through a personal loan. car has been paid off but is now being used as collateral for the loan. if i decide to file for bankruptcy, can my car be taken away?


Asked on 5/28/02, 2:01 pm

2 Answers from Attorneys
Andrew Nichols Law Office of Andrew B. Nichols

Re: property assets

Your car will not be seized if you file bankruptcy. There is a good chance that the lien can be erased also. I handle cases in Pennsylvania. Please feel free to call me to discuss your situation in more detail. ph. (800) 303-0720

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Answered on 5/28/02, 5:28 pm
Brandon Barnett Brandon J. Barnett Attorney At Law

Re: property assets

You will probably not lose your car depending on what type of bankruptcy you choose. We will need to look at your current income and assets as well as debts before we decide the best plan. We offer a free initial consultation. You can reach us at 412-916-1677 or at www.youresquire.net

Brandon Barnett, Esq.

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Answered on 5/30/02, 12:31 am


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