Serving Maryland and District of Columbia
Personal and Business Bankruptcy: Chapter 7, Chapter 11, Chapter 13
In most situations, you will not lose your car due to filing for bankruptcy under Chapter 7 of the Bankruptcy Code. You have the right to keep certain of your assets as exempt property. There are both state and federal exemptions. Your attorney will be in the best position to determine what assets are exempt and how to present this information to the court.