Alvin, TX Bankruptcy Law Firms & Lawyers

You do not have to wait to refinance. I had a client refinance one year after discharge. You may need to refinance with another institution if reaffirmations are an issue for your mortgage holder.

Did you sign the title over to your parents? The trustee is not interested in taking the car unless it is a rare and expensive one. Do not register it in their name. Hire a bankruptcy attorney. Do not think that a petition preparer can get it done cheaper. They cannot give legal advice and you need a lot of that.

Provided you can afford to make the payments and your equity, assuming there is any, in the car fits into one or more of 3 possible exemptions (depending on other facts) you can continue to pay & keep. There may be options such as: redemption, reaffirmation and surrender. Which one makes sense will depend on other facts not disclosed. Please don't rely on answers here in making a decision whether to file for bankruptcy. Even with the information you provided there are other considerations such as income & living expenses, perhaps there are some other assets you haven't even thought as assets, how much in medical debt you have & whether there may be a way to settle the medical debt outside of bankruptcy, etc. and other things to think about in figuring out whether filing bankruptcy makes sense for you and what results you can expect.