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Car only real asset to consider


braxas
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I live in a house worth 275k and thats what I owe, yet i own a 2002 dodge intrepid.

Question is, I own it outright, if someone has lent me money against the title as a loan (6500.00) and the car is worth 11 max on the block, the trustee looking for assets to liquidate cant take this vehicle without paying the note I owe correct?

I`m in Illinois by the way, credit is really shot, many write offs..so I see BK as the only way out, the car is the only thing stopping me

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