I had two trustee meetings today with clients who acquired new cars not long prior to filing bankruptcy. Both debtors got help from more affluent family members to get their cars, but the two debtors and their respective families chose different ways to title the car and structure the transaction. Debtor Number One was driving a new car paid for by his father when he filed bankruptcy.

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Two Chapter 7 Debtors In Separate Cases Get Cars From A Family Member: One Debtor Loses Car; Other Debtor Keeps Car