Will I lose my car in a Chapter 7 bankruptcy?

Article written by Columbia, SC bankruptcy lawyer Daniel Stone Most Chapter 7 bankruptcy filers do not lose their car to the Chapter 7 Trustee or the car lender. Let’s examine this issue more closely. In regards to the Chapter 7 Trustee, he or she can only obtain possession of your car if you have unprotected […]

Will I lose my car in a Chapter 7 bankruptcy?

Article written by Columbia, SC bankruptcy lawyer Daniel Stone Most Chapter 7 bankruptcy filers do not lose their car to the Chapter 7 Trustee or the car lender. Let’s examine this issue more closely. In regards to the Chapter 7 Trustee, he or she can only obtain possession of your car if you have unprotected […]

Will I lose my property if I file bankruptcy?

In eleven years of filing bankruptcy cases, I have only had a few clients lose any property or assets in a bankruptcy. Of these clients only one was unexpected. In Chapter 7 and Chapter 13 cases, South Carolina exemptions allow plentiful exemptions to protect most or all your property. For example, say your house is […]