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Charge offs and Judgements


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Posted by Debtor (199.182.10.23) on October 01, 2002 at 01:23:38:

I read the bankruptcy exemptions for Texas and it says that you are allowed 1 automobile per liscened driver. I cannot find anywhere if that also applies for judgements. My car that is paid off is worth about $2500. My truck is a 2002 (we bought it about 2 months before husband got laid off and just recently caught up with payments)and is worth almost $19,000 but I owe almost 27,000. Would this be considered an assett?

Also read the article on Charge-Offs


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