please help me understand how to buy our car back

[pandacb]

We are under the mean and would prefer a chapter 13 but have no income to support one.

We own our vehicles outright. One is worth @10k and the other @5k. The state exemption is $3k per. Attorney says to try and sell the lower priced vehicle and use the money for exempt items before filing. Then we will have $3k (exemption) to put toward the other car, owing @$7k if we want to buy it back.

The attorney says we might get 90 days to buy it back. We can't have more than $800 cash, the attorney says, so we can't save the proceeds from the sale of one car to buy back the other.

How do people buy back their cars?

[pcn]

Some people borrow the money from family or friends. I think, truth be known, many start saving up before filing to have a safety net in case they need to do this. Is it legal to have undeclared money? Yes. Is it naive to think this doesn't happen? Yes.

[pandacb]

thanks, pcn...you don't have to bring receipts in to show how you spent the money from other car's sale?

[pcn]

I think that would be a possibility dependinh how close to filing you sell it. Seems like we had to answer a question similar to "have you sold or tranfersed property in the last 'X' months."