CAR ISSUE with CH.7 in FL

I live in FL and am filing before the deadline. The only asset I have is my 2000 4Runner, which I own totally. It needs $3,500 worth of catalytic converter work, has the basic back up dents in the bumper plus a bigger ding, the antenna will not go up/down, and it has 89K miles.

My cc debt is $50K. I do not own a home at this time but rent. I have a job that pays between $22K and $25K a year (FL!).

Here's the issue, being that the exemption for autos in FL is $1K...and the car is my only asset probably worth $10K...if I surrender it, will they let me have $1K out of it to get a hoopty? How does this "giving up the car thing work?"

Also, I don't want to lose my paychecks in a checking account tie up...what do I do with my checking account while all this is going on?

HELP!-

I don't know anything about this, but could you sell the car now (since you own it outright) and buy a car that has a market value of $1000 with the money, and then keep the cash to surrender? (I don't think you could use it to pay off your cards, that would be preferential treatment wouldn't' it?? ) But if you hold onto the cash, you could use your "personal property" exemption to hold onto some of the cash as well?

Just tossing stuff out there. I really don't know the BK laws or anything..

I thought I had asked my attorney about this; I'll have to check on it. It would make sense.

Another question, if I put the next car in either my parent's name or my boyfriend's name along with my name, can they still take the car if the value is between $3K and $5K?

If I'm understanding the question correctly - watch out, it could be considered fraud because of "preferential transfer" you could technically sell it to them and then buy it back (for market value).

Do you owe anything on the car, if not, then generally yes, the should pay you the amount of the exemption, but you will need to talk to a FL lawyer about that issue as each state can be a little different.

I own my 2000 Toyota 4-runner outright. I have no idea when they will want to take it....I have 50K worth of cc debt. Will they give me $1K back on the car? I do not want to buy it back from them...I've already paid for it...but with the catalytic converter work...let them take it! ... I just don't know how to title my next vehicle, when to buy it & how much I should spend being that I'm supposed to be bankrupt...if my parents buy me a car, would they title it in my name & theirs or just mine or what???