Often I am asked this question about cars that are kept after filing a bankruptcy . You handled my Utah bankruptcy about 9 months you helped me alot . I just have a quick legal question that will not take much time. At the time I decided to keep a car pay the monthly payment. I located a less expensive vehicle that I can purchase and not be tied down with the car payment. If I do not make payment will they take the car and if they do will I owe the money again? During the first year or so after bankruptcy, many people clients inquire of me if if it is possible to return back the vehicle. They wanted to retain it when they took out bankruptcy, but now it is not working out for them. Sometimes because of a mechanical issues. Some people want to get rid of the car with a payment and just pay cash for a less expensive car. It is possible to return the car. The bankruptcy still protects you . If you stop paying , they can come and repossess it, but they cannot get any money from you. Only if you did not sign a reaffirmation agreement. There’s an exception that’s if you reaffirm the debt during the bankruptcy. Reaffirming is a separate agreement signed by you. If you reaffirm, then you remove the debt completely out of the bankruptcy, and you can’t change your mind down the road about getting rid of that debt.. You are obligated on the debt even after the bankruptcy. Paul Benson is an attorney in Utah who practices Bankruptcy his web site is www.paulbensonlaw.com or www.mybankruptcyutah.com Often I am asked this question about cars that are kept after filing a bankruptcy . You handled my Utah bankruptcy about 9 months you helped me alot . I just have a quick legal question that will not take much time. At the time I decided to keep a car pay the monthly payment. I located a less expensive vehicle that I can purchase and not be tied down with the car payment. If I do not make payment will they take the car and if they do will I owe the money again? During the first year or so after bankruptcy, many people clients inquire of me if if it is possible to return back the vehicle. They wanted to retain it when they took out bankruptcy, but now it is not working out for them. Sometimes because of a mechanical issues. Some people want to get rid of the car with a payment and just pay cash for a less expensive car. It is possible to return the car. The bankruptcy still protects you . If you stop paying , they can come and repossess it, but they cannot get any money from you. Only if you did not sign a reaffirmation agreement. There’s an exception that’s if you reaffirm the debt during the bankruptcy. Reaffirming is a separate agreement signed by you. If you reaffirm, then you remove the debt completely out of the bankruptcy, and you can’t change your mind down the road about getting rid of that debt.. You are obligated on the debt even after the bankruptcy. Paul Benson is an attorney in Utah who practices Bankruptcy his web site is www.paulbensonlaw.com or www.mybankruptcyutah.com