Must I Sell My Car in a Liquidation Proceeding?

No. It is not mandatory for a Chapter 7 debtor to sell his/her vehicle in order to obtain a discharge. The state of Texas allows for exemptions of certain personal property, such as a vehicle or a family heirloom, which allow many individuals who file to hold on to their primary mode of transportation.

The idea of a "liquidation" can be scary. Experienced legal representation is key, as the average lay person does not know the intricacies of a Chapter 7 liquidation. The Fears | Nachawati Law Firm has provided expert representation to countless others in your shoes and can be counted on to help administer the smoothest bankruptcy transition available.