car payment

[karm43]

If your car is gonna be in your chap13 for a lower interest rate do you make the payment reg before your plan is confirmed?

[karm43]

Getting a new job gonna have a gap before pays. Not a good time to switch jobs but the stress was unbearable, kinda had no other choice.

[momofthree]

If it's included in the plan, then your ch13 payment will reflect that. You do not need to pay the car separately, the trustee will handle it from filing. Keep in mind that you will be making payments beginning within 30 days of filing, regardless of when confirmation takes place.

[karm43]

How long do i have to make payment after filing?

[momofthree]

The first payment is due within 30 days of filing. We filed on the 28th and our first payment was due the 28th of the following month.

[karm43]

Thanks for the info. My stomach turning cause i had to take a new job it was offered and i had to take it. my income is gonna go slight down didnt file yet but wanted to hopefully do it by feb. wonder if changing jobs gonna be a problem, I know i cant wait any longer to file. Guess i will just suck it up. worried my payment gonna be higher cause i made more money

[lrprn]

If possible, it's best to keep paying the current payment on the car until you file. If that's not possible, then the arrears could be rolled into your 13. However, keep in mind that most car lenders will start sending people to voluntarily or involuntarily repossess the car very shortly after missing two payments, and some auto lenders pull the trigger even faster than that.

If you've retained a lawyer already, ask how not making a car payment close to filing could impact your case.