The property you can retain will depend on many factors, including the balances owed on these assets, your income, and where you live. When you meet an attorney at Miceli Law, P.A., we listen to your specific situation during the free initial consultation and explain what will happen with your home and car. The Bankruptcy Code can help those in need save these important assets in many different ways, such as curing and maintaining your mortgage or cramming down a vehicle loan.