Chapter 7 With Auto And Credit Card Debt

[b5000]

I looking to file for Chapter 7...My only concern is my 2004 Jeep Liberty which has two years of payments left on it. I also have a credit card/ through the same lender and or bank.. Large National Bank....Will I get to keep my car, and or will the Bank try to get back the credit card debt by taking my car? Also I heard it's best not to have money in a bank that is one of your credit card holders before you file...I'm planning on moving my checking two a diff bank. Although I will continue to make payments on the car...Just not sure about the car....I owe 2500 to this particular credit card.

Please let me know?

[Mr. Knowitall]

You would normally have the option of keeping your car, subject to the limits on exemptions in your state and your continued payment of the loan.

You should consult a local bankruptcy lawyer, though, as many people no longer qualify for a Chapter 7 discharge.