Review Of Can You Keep Your Car If You File Bankruptcy References. You don't have to lose your car when you file for bankruptcy. However, if the equity you own in your vehicle is.
The decision to keep your car or not greatly depends on whether you have a loan on it. The colorado vehicle exemption allows you to keep up to $7,500 in equity in any vehicles you own. So, if your car is worth $12,000 and you owe $10,000, you have $2,000 in.
