Hi everyone
I have 3 weeks from now until the 341 hearing. Currently I have a car loan with Toyota Financial and the outstanding balance owed is close to $28,000 with 4 years left. The monthly payment is $630. Should I reaffirm this loan or just surrender the car? If I surrender the car, I will have really tough time looking for a decent car after Chapter 7 discharge.
Thanks and appreciate all input.
I have 3 weeks from now until the 341 hearing. Currently I have a car loan with Toyota Financial and the outstanding balance owed is close to $28,000 with 4 years left. The monthly payment is $630. Should I reaffirm this loan or just surrender the car? If I surrender the car, I will have really tough time looking for a decent car after Chapter 7 discharge.
Thanks and appreciate all input.
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