Can I Sell My Car Before Filing Bankruptcy And Use The Money To Pay Expenses?

Generally, you can sell an asset that you have in order to support yourself. So, for example, if you have an automobile, and it’s worth about $3,000. You need the money. You need to pay legal fees for the bankruptcy. You need to pay a mortgage payment. You need to buy food or groceries. Sure. Sell the car, especially if you have another one as back up.  Sell the car, use that money for groceries, legal fees, whatever you need that money for.

Get a Free Consultation

Read Some of our Other Recent Posts

How Mediation Can Simplify Divorce in Florida

Divorcing couples often face emotional and financial stress, drawn-out litigation, and increasing animosity as they work through the complexities of ending their marriage. But what if there was a way to ease these burdens while achieving a fair resolution? Mediation...

How to Modify Child Support Agreements in Florida

Child support agreements are designed to provide financial stability for children, but life circumstances can change, making it necessary to revisit these agreements. Whether it’s due to a change in income, a significant shift in a child’s needs, or other factors,...