Okay, so I finally got the bankruptcy 341 meeting out of the way on May 20th. Now I have a few questions. I have read a lot of posts, but wanted to get specific answers to my questions.
I have one car that I kept which I actually got lucky with only 900 left on it and it's paid off. It had both mine and my husbands name on it. See what happened was I owed 3k on it. They sold it to another car company but I hadn't made a payment to the new loan company and the bankruptcy went through..so I guess my original one had to buy it back. They are such a small company that they didn't have a lot of records on it, and they said they bought it for 1200. I was so excited and couldn't believe my luck..I hope the rest of this process is this forgiving!!
So now that I know that my car will be paid off before the bankruptcy is even discharged, we are desperate for another car. I'm actually using a loaner from our in laws. So I need to wait for the discharge, correct? And who is the best to get a car loan through? I'm so tired of outrageous interest fees. I do have a NFCU membership, but haven't kept money in it because I was afraid of collectors getting ahold of it. My husband does have his paycheck deposited into his, but no money in the savings. We would have two cars that are in good standing, one paid off with perfect payments that my husband cosigned, and the one above that has 2 30 days, but perfect besides that. And two reposessions. One in his name and one in mine. Any advice in what range we should stay in? We need an SUV and I was thinking around 12k that way no matter how high the interest we can still afford payments.
Sorry for the long post, just wanted to be specific. Also should the first card i get be from NFCU, I'm guessing a secured...not sure what their qualifications are. Thanks!!
