Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - I own two old cars, would I get to keep them both if I filed for bankruptcy? - It depends on they type of bankruptcy and the value of the cars. You are allowed to keep one worth a reasonable amount. If the cars are very valuable, you will likely have to sell them as part of the bankruptcy. The trick of selling it to family will not work unless you sell them at market value. Even then the creditors will get the proceeds from the sale. -