no need to appologise for going on and on, these are the things that you need to be talking about and getting off your chest, it is good that you are now talking about it.
Bankruptcy is a protection and a way for a fair and equitable solution to be established, whilst it is possible that you might lose some assets you wont lose any household items as long as they are reasonable and you wont have baliffs sent, alot of people dont lose anything but of course some people do, it depends on what you have or not.
In particluar your car, the primary thing that the OR has to look at is not the value but for what reason you need it, the best reason is for work or to look for work, another is for your basic domestic need. To give you an example i have had a case where a person worked so you might think ahh they would get to keep it and they asked to, it came out though that the resteraunt they worked at was below where they lived hence they were not allowed to keep the car. Wheras someone who was disabled and just needed it to say do shoping may be allowed to keep it