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my truck

i really need my truck for work it may be worth more than the max value can i sell it and lease back before i enter bankruptcy

Posted from: British Columbia

One Response to “my truck”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

This may or may not be necessary depending on whether there is any financing on the truck. What you need to do is to sit down with a local trustee, make sure to bring information like who owns the truck, presence of any financing, amount of the loan against the vehicle, estimated re-sale value of the vehicle etc. Once this information is provided the trustee will be able to tell you very quickly what the best direction to go is.