Whether or not you’ll be able to keep property, like your car and your home, depends upon the type of bankruptcy filing you are eligible for. Chapter 13 bankruptcy filers are able to retain their property so long as they abide by the repayment plan. Chapter 7 bankruptcy, on the other hand, is a discharge of all of the debtor’s debts. As a result, the bankruptcy trustee is able to seize any property that is not exempt.