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 most cases is YES. If your vehicle is currently financed and you can stay up to date 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 understand more about your own specific circumstance, it is best to give Bankruptcy Emerald a call on 1300 795 575.
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