Chapter 7 bankruptcy?
Well I am young and live in the state of Florida. I have 7,000 dollars in debt and a car payment which is 523. The car is worth 10,000 and I owe 18,000. I want to get rid of that car and start fresh with a brand new car. Once I am discharged from my debt and that car payment when will they come take my car away? and once I am discharge how long should I wait to get a brand new car? i heard the interest rate will be high, but my interest rate is 18 percent now so it doesnt matter. Do you think the banks will finance me for a new car or would I have to get a used car? how long does the process take once I am discharged?
You need to talk to a bk attorney.
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