what can you keep when filing bankruptcy
Many people who file for bankruptcy and own a car are allowed to keep it during and after their case, especially if it is used for getting to and from work. If you are behind on car payments, you may be able to use bankruptcy laws to keep your vehicle in your possession. Both types of personal bankruptcy address cars, car loans and vehicles you own outright: The automatic stay in bankruptcy is designed to stop repossession.
What you get to keep in a Chapter 7 bankruptcy ultimately depends on which system your particular state follows. Most states offer exemptions that protect pensions, alimony and child support payments, public benefits, and retirement plans.