I want to declare bankruptcy because I'm experiencing serious financial difficulties. Last year, I bought a car for $20,000 with cash and exported it to Europe. If I declare bankruptcy, is there a possibility it could be seized? Will I be able to repatriate it, knowing that the car is still registered in my name but is being used by a family member?
Your car will have to be declared as a bankruptcy asset and sold for the benefit of your creditors.
Questions reliées
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