Keeping Cars

Many clients are curious as to whether they can keep their vehicles in a Chapter 7 bankruptcy. Often times, the answer is yes. If a debtor is current on their vehicle when they enter into a Chapter 7 bankruptcy and remains current through their Chapter 7 bankruptcy, they will keep their vehicle.

Some lenders require that a reaffirmation be signed in order to keep the property. The number of lenders now requiring a Reaffirmation Agreement are exceedingly few. If your lender requires a Reaffirmation Agreement, your attorney will let you know.

Prerequisites

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Contact Information

Denver Office:
Morse Law, LLC

  • 910 16th Street Mall Ste 1100
    Denver, CO 80202
  • 303-300-6684
  • 720-941-2755

Colorado Springs Office:
Morse Law, LLC

  • 121 S Tejon St Ste 1107
    Colorado Springs, CO 80903
  • 719-302-3655
  • 720-941-2755

Ft. Collins (Area) Office:
Morse Law, LLC

  • 1635 Foxtrail Dr
    Loveland, CO 80538
  • 970-672-1263
  • 720-941-2755