Hi all, i have a question about doing this. I have already recieved approval for this loan and I filed my Chapter 7 on Friday. I am going to be financing through US Bank for what my vehicle is worth and writing the remainder off in my bk. The loan officer said that I should start making my first payment as of Jan 1, 2009 because she has to get a court order to finance us and 30 days after that our payment will be due. My question is, do I still need to continue making payments on my vehicle now? Or should i stop? My next payment is due on the 10th of this month. I am confused because the Lawyer first said for me to stay current till i get approved, then when i told her i was approved she says its up to US bank, and the bank says "im already approved on their end, whether i pay the other bank or not doesnt matter to them, but its up to my lawyer." Please anyone with experience in this....HELP! I dont want to dish out a $600 payment if i dont have to.
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722 Redemption Loan Question
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