Good evening!
I have a discharged chapter 7 that included my auto loan with DCU. My discharge date was late October 2023. I have been making voluntary payments on the vehicle since filing. DCU is based in MA & I am based in VA. My question is -- what would be the chances of them coming to repo the vehicle if I stopped making voluntary payments on it?
Due to the cross-collateralization clause credit unions tend to have along with how my car (a Hyundai) has depreciated over the time I've had it, I don't see a feasible way of selling it & coming out anywhere close to good & it's just more upside down than it was when I filed.
Does anyone have any experience with DCU & repossession after ceasing voluntary payments on a discharged vehicle, especially when it's so far away? I have debated on reaching out to the bankruptcy department to ask, but I don't want them to jump the gun & repossess when I'm technically still "current".
Any insight is appreciated!
