Can I keep My Car? You can keep a vehicle up to the value of $8000. (Be sure to ask us to find the “Actual” value of your vehicle. The value is often very different to what you think.) If your vehicle is worth more than $8000.00 and there is no finance on it, you may still be able to keep it by using one of these options Option 1: you may be able to speak with your Bankruptcy Trustee (the person who looks after you during your bankruptcy) and ask them if you can pay off the difference over the term of your bankruptcy. Here’s an example. Let’s say that your vehicle is worth $15000 and you would like to keep it. You could speak with the trustee and let them know that you realise you can only keep a car up to the value of $8000 but that you … Continue reading FAQs