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Sell a car to pay my bills?

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    Sell a car to pay my bills?

    I have $16.00 in my checking account. My husband also has a stupid sports car worth about $4000. Can we sell it to pay our bills. We will be filing in 2 months. Can they say anything if we just start selling our stuff to eat?

    #2
    You are allowed to sell your stuff. Just not to family for less than market value.
    It is easier for you in your filing if you sell it to someone you do not know.
    Filed CH 7 9/30/2008
    Discharged Jan 5, 2009! Closed Jan 18, 2009

    I am not an attorney. None of my advice is legal advice in any way..

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      #3
      Easy enough I don't think my family would want this stupid car!! ha ha!!

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        #4
        Men................
        Chapter 7 filed 10/21/2008
        341 - 11/26 went smooth NO ASSET
        Took 115 days after 341 - But Finally DISCHARGED 3/25/09

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          #5
          You gotta do what you gotta do to survive. Trustees are people too and most would understand this.

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            #6
            im a man and a mechanic/ car enthusiast. i sold all 2 of my cars to try and save my house, 92 mustang gt, 89 supercharged mercury cougar. you gotta do what you gotta do.

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              #7
              Originally posted by smokedurhonda View Post
              im a man and a mechanic/ car enthusiast. i sold all 2 of my cars to try and save my house, 92 mustang gt, 89 supercharged mercury cougar. you gotta do what you gotta do.
              Uggh, I did the same thing. Sold my 2006 paid for Vette, my 2005 paid for F250, and a couple of nice bikes to try to save my house, still ended up losing it.

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                #8
                Selling to family for market value is okay and does not make filing any harder.

                Anything less than market value and it looks like you are trying to transfer assets fraudulently.

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