Bartow, FL Bankruptcy Law Firms & Lawyers

Yes, you can get a replacement car now while your credit will still allow it, then get rid of the old car by surrendering it after you file the bankruptcy.

Yes, if you want to keep the house. If you have any HOA, pay them even if you do not want to keep the house. Keep paying until the foreclosure completes. Bankruptcy is a very complicated process. It is wise to talk to an experienced bankruptcy attorney before deciding to take this important step.

That depends on the exemption laws applicable to your case on the date your case is filed. Exemptions are "protections" for value you have in certain assets such that they are "exempt" from collections.  Every state has different exemptions amounts available. Exemption laws are based on the state where you resided for the 2 years prior to filing your bankruptcy case or, if you lived in more than 1 state during that period, in the state where you resided for the greater part of the 180 days prior to that 2 year period.  Assuming you've lived in Florida more than the past 2 years, you should be able to protect the equity in your home in any amount, but you should consult with an experienced bankruptcy attorney in your area for more details. Mark Markus has been practicing exclusively bankruptcy law in California since 1991.  He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization,  AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.