i drive a truck for a living as an owner/operator, meaning i own the truck, which i have leased onto a trucking company to haul their freight. the truck is a 1993 , i am looking into the feasibility of obtaining a 2008 or newer due to commiefornia's C.A.R.B. law that will cause my current truck to be illegal to operate in the state. choices i have are to purchase a newer truck or upgrade engine. of those two choices, upgrading the truck makes the most sense, as the value of the truck does not justify the cost of the replacement engine.
so my question: can i obtain a commercial vehicle loan pre-bankruptcy? i am aware it is possible, and has been suggested, to purchase a new car before filing a bk and then reaffirming the loan, but i am having trouble finding information on the purchase of a commercial vehicle. how would the purchase of a commercial vehicle be viewed by the court once i file the bk?
so my question: can i obtain a commercial vehicle loan pre-bankruptcy? i am aware it is possible, and has been suggested, to purchase a new car before filing a bk and then reaffirming the loan, but i am having trouble finding information on the purchase of a commercial vehicle. how would the purchase of a commercial vehicle be viewed by the court once i file the bk?