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Can You Keep Your Home and Car If You Declare Bankruptcy?

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Did you know that you may be able to keep your home and your car even if you declare bankruptcy? Declaring bankruptcy is intended to wipe out your debts (or restructure them), but it doesn't necessarily mean that you lose all of your assets. If you currently have a modest home and car, there may be ways that you can hold onto them — even while resetting the rest of your debts and working to improve your credit.

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