Can I Keep My Car?

Can I keep my car
If you really need your car, whether it is for work or family commitments, will you still be able to keep it if you declare bankruptcy? The answer in many cases is YES. If your car is presently financed and you can keep up with the repayments, it is fairly likely that you can keep your car.

If you own the car, you can own a car up to the wholesale value of $8,000. If you are in a slightly different scenario or would like to know more about your own particular circumstance, it is best to give Bankruptcy Experts Parramatta a call on 1300 795 575.

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