In most cases, and with the assistance of an experienced bankruptcy attorney, you can usually keep your home and car.
It depends on which Chapter you file, and the values of your assets.
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About the Author: Mark J. Markus
Attorney Mark J. Markus has been practicing exclusively bankruptcy law in Los Angeles, California since 1991. He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization, AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.