I am thinking of filing Chapter 7 bankruptcy. I have an auto loan and a loan on a camper. My wife has an auto loan also. When filing I do not want to keep my vehicle or camper. That along with medical bills and credit card bills is why I am in this mess. I do not want that vehicle or camper. We do want to keep the one my wife has though. Can I file on my vehicle and camper loan and let the bank take them back?
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Auto Loan
Depending on your state here in Cailfornia i can reafirm the loan or just keep paying each month until i can get into a different car. If i keep the car a finish the paymeents the bank will have to give me a clear tittle to the car. My car is worth about $5,000.00 i owe over $12,000.00 but i only pay $350.00 per month so for now it is the cheepest car i have. I plan to keep paying but not reafirming the car until i can get a better car loan to get a used car with lower miles. All is well good luck to you and check with your state on what they will let you do.
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