Can I sell my cars?

[newoutlook]

I believe my attorney filed our 13 today! I remember asking him if we could sell our vehicles and he said to wait until we file then go ahead. Any thoghts on this. Both vehicles were exemp. I am moving out of the country soon so both cars have to go.

[lrprn]

I believe my attorney filed our 13 today! I remember asking him if we could sell our vehicles and he said to wait until we file then go ahead. Any thoghts on this. Both vehicles were exemp. I am moving out of the country soon so both cars have to go.

Since your Ch 13 is already filed, you *MUST* get your trustee's permission to sell any asset, even one protected by exemptions. Do you plan to sell the cars for cash or are you using them for a trade-in on another vehicle?

If you do get permission to sell, it's safest that the car is never converted to cash but only used as a trade-in. Unless you are living in one of the few states that can protect a large amount of cash with exemptions, you are taking a big risk if you sell the car for cash rather than using it for a trade-in.

Be certain to discuss this thoroughly with your lawyer before proceeding. He or she knows how your trustee typically handles car sales inside a 13.