We get questions a lot regarding what happens to pets when a person files for bankruptcy. Don’t worry, folks. No one wants to take your pets from you. I talk about it more in this video.
Hello, this is Darrell Castle. I’m an attorney licensed to practice law in the state of Tennessee and on this video today, I’m talking about what happens to your pets when you do a bankruptcy.
And the answer to that question is really – nothing. There’s nothing to be concerned about with your pets and bankruptcy. That is unless you have something like an extraordinary value racehorse or something like that.
If you have a racehorse that’s worth a lot of money and you refer to that animal as a pet, that could be a problem – something of extraordinary value.
But normally, your normal pets, nobody cares about old Phyto. Nobody wants to take him away. He’s lucky to have a home. He’s lucky to have you to take care of him.
So, your dogs and cats and pets of that nature, you don’t have to worry about that in bankruptcy. There are things that you should be concerned about but that is not one of them. So, you just give your pets a good home and get your financial house in order and they’ll thank you for it.