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Please help, question about buying new car

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    Please help, question about buying new car

    filed conversion from chapter 13 to chapter 7 today and will hear about when the 341 meeting soon. We plan to surrender both vehicles and buy a used car we can share for cash until things get better. We have 90 days from 341 to discharge. When can we buy a new (used) vehicle? How long before capital one auto comes for our cars? Anyone have any experience with them? If we buy a vehicle cash before discharge will we get in trouble? thanks!

    #2
    You won't get into trouble to downsize your vehicle. That today is necessary. I cannot say how long before your cars are picked up but you might call them to get an idea. Please take pictures of the cars, and get a signed release of condition when the fellow ramps them up. No big deal.

    There are many fine cars for very little money now, these days. 'Hub
    If I knew it all, would I be here?? Hang in there = Retained attorney 8-06, Filed 12-28-07, Discharge 8-13-08, Finally CLOSED 11-3-09, 3-31-10 AP Dismissed, Informed by incompetent lawyer of CLOSED status, October 14, 2010.

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      #3
      You can get a cash used car now. you can call Cap 1 and tell them to come get them.
      Chapter 7 07/30/2008
      341 09/17/2008
      Discharge 11/21/2008

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