If the car was purchased within the 90 days leading up to filing for bankruptcy, it could potentially be considered a fraudulent transfer by the bankruptcy court. This means that the trustee assigned to your case may attempt to recover the car or its value in order to distribute it to your creditors. However, if you can demonstrate that the purchase was made in good faith and for fair market value, there may be a stronger argument for keeping the car.
Please keep in mind that bankruptcy laws and regulations can be complex and subject to interpretation by the court, so it would be prudent to consult with a bankruptcy attorney who specializes in consumer bankruptcy. They can assess your specific circumstances and provide you with legal guidance on how to proceed to protect your assets, including the car.
