But BK discharges debt because you have reached a financial point where there are no other alternatives.
Agreeing to pay back a BAD loan and putting yourself back into senseless debt after the BK is setting yourself up for failure.
Do not think of this as a personal transaction-the bank & the loan officer are not your buddy. They are your creditor, and they make money off of you. Walk away from it-get vehicles w/ reasonable payments or even save the $925/mo for a few months while the automatic stay is in place and buy something for $2000-3000 used.
Agreeing to pay back a BAD loan and putting yourself back into senseless debt after the BK is setting yourself up for failure.
Do not think of this as a personal transaction-the bank & the loan officer are not your buddy. They are your creditor, and they make money off of you. Walk away from it-get vehicles w/ reasonable payments or even save the $925/mo for a few months while the automatic stay is in place and buy something for $2000-3000 used.
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