Probably. You are only at risk for losing your car during a Chapter 7 bankruptcy in one of two scenarios.
First, if you are behind on your car payments. In this case, you will more than likely have to surrender the vehicle. If you are behind on car payments and hoping to catch up, you may want to consider a Chapter 13 instead.
Second, if equity of the vehicle is more than the allowable exemption (amount you can protect) in your state. Usually any equity in a vehicle is well below the allowed exemption amount. However, if it’s not. The trustee could sell your car to pay the debt and allow you to keep the exemption amount in cash.
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