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Car loan in ch7

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wissam
Contributor

Car loan in ch7

I am waiting for my creditors meeting in April 7 then apply for a car loan 

I talked to finance manager in Honda dealership 

 

he said we can get u an approval with Honda finance even with bk because u had a load off loan with Honda last year which is good thing to do business again with u 

i did not apply yet just waiting after the 341 meeting 

what u all thing about what he said ? 

Fyi

my cutest loan with Nissan was included in bk and discharged 

 

no late payments at alll

had 2 auto paid off since 2012 

 

Message 1 of 5
4 REPLIES 4
Anonymous
Not applicable

Re: Car loan in ch7

If you have the means, wait until discharge to go for the financing.

Message 2 of 5
wissam
Contributor

Re: Car loan in ch7

I am not sure if Nissan finance will keep my car after 341 meeting
U know in 30 days after the 341 meeting they have right to repo the car
Message 3 of 5
StartingOver10
Moderator Emerita

Re: Car loan in ch7

I would wait until you have discharge in hand.  You will end up with more choices and better rates. Consider even getting a cash beater for about 6 months - then shop for a vehicle, you will be in great shape then.

Message 4 of 5
wissam
Contributor

Re: Car loan in ch7

yes agree with u

 

 

but my concern about nissan taking my car and i have no transportation if they did that.

 

Message 5 of 5
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