Can I Keep My Car?

Can I keep my car

If you really require your car, whether it is for work or family commitments, will you still manage to keep it if you declare bankruptcy? The answer in many cases is YES. If your car is currently financed and you can stay up to date with the repayments, it is fairly likely that you can keep your vehicle.

If you own the car, you can own a vehicle 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 Hobart a call on 1300 795 575.

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