We currently have about 15 payments remaining on a vehicle. We are current on the payments which run a little over $300 a month. When I went for a consultation last week the attorney said that if we had to go with a Ch13 the remaining amount on the car would be paid over 60 months in the plan. Is that how they do things? The car wouldn't be paid off for five more years and we wouldn't receive title until then?
It's a six year old vehicle with 100k miles. It won't last 5 more years without a significant amount of money put into it. Not sure it's even worth keeping as we owe $4200 and it's worth maybe $3000. Didn't want to even try to buy anything else at this point. Maybe in a year or two, but the attorney said that buying a car while in a 13 was somewhat of a nightmare. Doubt I could even get anything at this point with all of the recent charge offs I have.
It's a six year old vehicle with 100k miles. It won't last 5 more years without a significant amount of money put into it. Not sure it's even worth keeping as we owe $4200 and it's worth maybe $3000. Didn't want to even try to buy anything else at this point. Maybe in a year or two, but the attorney said that buying a car while in a 13 was somewhat of a nightmare. Doubt I could even get anything at this point with all of the recent charge offs I have.
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