Is anyone familiar with the bankruptcy laws in NJ?

[dalon]

I want to claim bankruptcy, but I need a vehicle to work. I have leased vehicled. Can you keep that?

[siuaghan]

Bankruptcy laws are federal not state.

Yes you can keep one vehicle. But since you are only leasing, it would not become part of your assets anyone. The car belongs to the leasing company.

If you are talking about the "lease" for the vehicle, that is not considered an asset anyway.

[ern]

hope not