divorce mom in texas

I went through a divorce two years ago. My husband was court ordered to pay, which he never did causing all of the credit to go to collection. I made the mistake of having everything under my name. It is pointless to go to civil court because that would be trying to get blood out of a turnip. I recently bought a car, how will a bankruptcy affect my car. I need the car to go to work and take my son to school. The price I paid is $5000 because it is a '93. I can't pay these bills, and I am serious thinking about bankruptcy. What is the policy in texas concerning owing a vechile?

Rather than me explain it here, Cathy Moran does the best job I have seen answering whether you can keep a car in bankruptcy on her site at: [url="http://moranlaw.net/retaincar.htm"]http://moranlaw.net/retaincar.htm[/url]

The good news is you likely can.

You should know in reading the info on Cathy's site that the car would likely be exempt under the Federal bankruptcy exemptions which Texas allows for.

Talk to a good local bankruptcy lawyer.

Law on, Kevin

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Kevin O'Keefe
Founder & Fearless Community Leader
[url="http://www.prairielaw.com"]Prairielaw.com[/url]
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