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 presently financed and you can stay up to date with the repayments, it is quite likely that you can keep your vehicle.
If you own the car, you can own a vehicle up to the wholesale value of $8,000. If you are in a somewhat different scenario or would like to know more about your own specific circumstance, it is best to give Bankruptcy Experts Melbourne a call on 1300 795 575.
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