television and computer
Question: can I still keep my TV and computer if I still owe money on them and I go bankrupt?
Answer: The answer depends on whether or not the creditor you owe the money to has a lien on the TV and computer. If you pledged the TV and computer as security for the loan, they may be able to take it if you go bankrupt. However, the answer is different depending on where you live, and the rules are changing (for example, new rules take effect in Ontario in August, 2007) so you should consult with a bankruptcy trustee to get an accurate answer in your situation.