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Ask Terry L. Your Own Question
Terry L.
Terry L., Attorney
Category: Bankruptcy Law
Satisfied Customers: 2832
Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
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If i claime bankrupsy do I have to list a motorcycle that I

This answer was rated:

If i claime bankrupsy do I have to list a motorcycle that I have titled in my name but not registerd or insured.

Terry L. :

Hi and thank you for your question. In the future, you can request me to answer any further questions.

Terry L. :

Yes.

Terry L. :

You must list down all assets you have any ownership in, so you should list it and use any available exemptions to protect it.

Terry L. :

it does not matter if you have changed the title and/or registered it.

Terry L. :

Since it is yours, you must list it.

Terry L. :

Talk to a local bankruptcy attorney about scheduling all assets and any available exemptions to protect them.

Terry L. :

Most offer free consultations.

Terry L. :

Any other questions?

Terry L. :

if you do, feel free to contact me. thanks for your question, good luck to you in your case.

JACUSTOMER-plc9msmf- :

What are exemptios?

Terry L. :

Bankruptcy exemptions vary by state that give you certain protection for your assets (meaning the court won't sell them when you file bankruptcy).

Terry L. :

North Carolina's are here

Terry L. :

Thanks and good luck to you

Terry L. and 2 other Bankruptcy Law Specialists are ready to help you