Feb 10, 2009 by sakurame | Posted in Credit

I may have to file bankruptcy although I can still make payments on my car, which is co-signed with one of my parents. My question is, if I file bankruptcy, can I still keep my car and continue payments?

Yes, you can file chapter 13, which means you pick what to keep and not keep. This means you can choose to keep the car and let go of everything else.

Jul 30, 2009 by Rebeckah Shippe | Posted in Personal Finance

I've read a bit of things about chapter 7, but one thing isn't clear. Under the new laws, I do qualify for it. I'm in Missouri. It says I can keep the car up to the value of 3k. My car is work 7k. I obviously cannot afford nor would I qualify to

yes you can keep your car you will just have to reaffirm your debt and ability to maintain payments on your vehicle and may end up paying less each month or less over all.

Apr 28, 2009 by MiKeY | Posted in Personal Finance

I am a co-signer on a leased vehicle. The primary signer recently filed bankruptcy and I told him not to reaffirm the lease since I got a terrible deal but had no choice at the time. His discharge is coming up this month. I on the other am going to file

Normally someone has to make payments and reaffirm the debt to keep the car. I'm not sure what happens with a cosigned lease - it probably depends on whose name is on the title. In most cases, a cosigner only has the obligation to pay, the cosigner had