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Can you get a secured loan

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Cheryla18
Established Contributor

Can you get a secured loan

My mom is currently in a Ch 13 bankruptcy and was wondering if she is able to get a secured loan using her car that is paid off as collertal.

 

TIA

Current as of 3/21/18 EQ 609 TU 619 EX 628
Discharge 7/2016 Ch 7 BK
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TRC_WA
Senior Contributor

Re: Can you get a secured loan

Not without permission from the trustee.

FICO8 current as of : 4-12-24 EQ: 724 TU: 702 EX: 706
Hard INQs last 12 months: EQ: 5 | TU: 8 | EX: 9
Verizon Visa $8500 Amex Delta Reserve $10,000 Care Credit $18,000
NFCU CashRewards $7500 Apple Card $7000 Best Buy $8000 Amazon $5000
NFCU auto loan (2022 Ford Bronco Sport Badlands - Cactus Gray) 6.95%
NFCU motorcycle loan (2024 Harley Davidson Road Glide - Alpine Green & Chrome) 9.45%
Total CL: $64,000 --- Total CC UTI: 27% --- AAoA: 5.5 years --- Income: $200k
Last app: 4-6-24
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