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High car payment, could it be a problem for my Trustee and Ch. 13 judge?

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    #16
    Thanks momof3. It looks like I would have to buy something with cash as I probably won't get financed with my 540 score.

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      #17
      You can probably get financed, but be ready to pay at least 24%!

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        #18
        I could be wrong, but don't worry about the interest rate! If you can get financed, the trustee can alter that rate when the vehicle is included in bankruptcy. Hopefully someone else can shed some light on this? Get something you can live with! Our 1K vehicle made it through the 2 years before we got a new one, but it wasn't fun. Wish we would have made the switch prior to filing! Good luck!!
        Chapter 13 Filed: 2/7/07 Confirmed: 5/1/07 Discharged: 3/2/2012 Closed: 6/2/2012
        130 out of 130 bi-weekly payments DONE
        100% Completed

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