Good Afternoon Everyone...
I am filing for bankruptcy tomorrow. I'm not quite sure if I'm doing a 7 or 13 because of a current situation I'm in. I originally planned to do a chapter 7 and just get a fresh start but I don't know if I'll be able to because of my car. Here's the deal, my car note fell behind by three months. The company called me with an offer saying if I pay at least half of it they'll remove a 30 day late and it'll only put me at 60. Well he didn't do that, they took my payment but he didn't do what he said. So I called in a few weeks ago to make a payment and the lady told me she couldn't take my payment because it was the full amount. My car note is $447 and I was trying to pay $300 so she didn't take it. So I called last weekend to make the payment but the office was closed both times when I called Saturday and Sunday. I called them Monday and the lady tells me they no longer have my account. My account was officially closed on July 31st and the only options I have is to pay the remaining balance which is still alot or return the car because it's already out for repossession. So I hang up on her because at one point she was getting very rude. I called back and spoke to a young man who told me I had those same two options but I had a third which is pay all of the fees I owe. But the amount he quoted me wasn't for my late payments. So since I already had to file bankruptcy this week I decided I'm gonna file and keep the car because I've been paying on it for 4 years. My only concern and question is can I file a chapter 7 and still keep my car and keep them from repossessing it or do I have to file a chapter 13. I read somewhere that if you file a chapter 13 it can get the price of the car down because I think my car is probably only worth $5,000 versus what they say I still owe which is over $10,000.
Has anybody ever experienced this and if so what was your outcome? Did anyone file a chapter 13 with a car on there and get the payment down? If so by how much? I really need some type of insights.
Thanks in advance,
