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They Want my Car a little quicker than I antisipated

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    They Want my Car a little quicker than I antisipated

    This Friday will be the 14 day mark of the meeting of the creditors. Last Friday afternoon my attorney calls (Heart skipped a Beat) Says USBANK wants to know if I am going to catch up the payments Almost two months behind. I reminded him I was way upside down and after thinking about it I was going to surrender, he said He could put them off for a week maybe 2 but they wanted to make arrangements if I planned to surrender.


    So I asked him if I needed to notify the court if I planned on trying to buy another car- He said no that was not necessary and fine as long as it was after the 341 meeting so Give it a shot. I have to come up with something. I have a small amount I can put down So I am going to call around to a couple of the Places that were bigger dealerships that have sent me flyers.

    Before I filed My Score was 720, Today it is 520
    I had never missed or been late on a Car payment until i Filed if that matters - we shall see.

    I have been looking for examples on this forum, has anyone ever gotten financed before discharge before?

    If so can you give me examples of how much and what your Interest rate / Payment were?

    #2
    Why not try to REDEEM your current car, assuming that it runs fine and you are happy with it? You can get a redemption loan for the car's present value with its current mileage and condition as opposed to the inflated balance on your current auto loan.

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      #3
      thank u for the reply

      I tried to see if us bank was interested- they were not - I owe 30k, carmax said 15k was value. Kbb says says 17k go figure. The car has issues anyway. Still no word from dealer i contacted. if anyone has been able to accomplish a loan before discharge I would really appreciate what you ended up with.

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