My One Question

[da242911]

Situation: I am a recently divorced ( year ago ) single father with 50% custody paying child support. I make a decent living and was able to sell the home and not lose too much money. But I took on all the credit card debt and honestly purchased some things to try and help ease my sorrow. Which didnt help lol. Im about 27k in debt and in the past 3 months have found myself unable to keep up on payment and still get the things my daughter and I need. I am comfortably able to pay rent, utilities, car loan, child support, and still put food on the table. Just cant keep the CC payments current. I want to file bankruptcy so I can have some rest and be able to give my child some of the things a little one should be able to have.

The big thing I would love to hang onto is my car. I made the purchase when I saw things getting bad and used the credit I had left to get it. Its only a year old so I doubt the car with worth what the loan still is. I dont want out of the loan and would like to pay what I agreed to. Is this possible with BK or should I just bet on the car being taken and start preparing to find another means for transportation. BK is the right choice for my family and if the car needs to go then it easily will. But is there a way to avoid that. I feel so selfish for even asking Thanks in advance

[JRScott]

What you are wanting to do is a reaffirmation of the car loan and yes that is legal and allowed. In some states you don't even have to sign the reaffirmation agreement so long as you make timely payments.

[Floridagail]

You just keep the car payments current, forget the cc's, do not charge on them for 90 dys or take any car advances or trnfs, before you file. Put your daughters needs first.
stop paying cc and start saving for attorney fees.