i already filed my petition, but I haven't turned in the schedules yet. It's mainly because I'm still unsure what to do about my house and vehicles. I'm open to suggestions.
First of all, all 4 are current. My house and 2 of my cars are with my local credit union, with whom I have a visa debit/checkcard. It's very convenient. I recently opened an account with another credit union. I really like the first one because it has a lot more services and it has been very nice to work with, but if I surrender 1 or both cars i believe they will close my accounts. then there's my mortgage. I'm sure they won't be able to close my mortgage account, but what happenes? Will they sell it to another bank? It's a 2 year ARM that I just financed with them last December. What do I put on my schedules and when can i change my mind. Can I suggest that I will surrender to see if I can get some sort of deal. By the way there is little to no equity in any of the 3 nor in the house which needs a good deal of work (leaking roof, needs new carpet, very high energy costs).
Now the 3rd car (bought in July through Capital One) is the newest, as it only has 24k miles. That is the one that I would like to keep but need a better deal on (8.45% for 5 years at $342/month).
I was trying to sell one of the Credit Union cars before filing until someone told me that I couldn't sell property before my 341(10/31). I would only get about what it's worth.
First of all, all 4 are current. My house and 2 of my cars are with my local credit union, with whom I have a visa debit/checkcard. It's very convenient. I recently opened an account with another credit union. I really like the first one because it has a lot more services and it has been very nice to work with, but if I surrender 1 or both cars i believe they will close my accounts. then there's my mortgage. I'm sure they won't be able to close my mortgage account, but what happenes? Will they sell it to another bank? It's a 2 year ARM that I just financed with them last December. What do I put on my schedules and when can i change my mind. Can I suggest that I will surrender to see if I can get some sort of deal. By the way there is little to no equity in any of the 3 nor in the house which needs a good deal of work (leaking roof, needs new carpet, very high energy costs).
Now the 3rd car (bought in July through Capital One) is the newest, as it only has 24k miles. That is the one that I would like to keep but need a better deal on (8.45% for 5 years at $342/month).
I was trying to sell one of the Credit Union cars before filing until someone told me that I couldn't sell property before my 341(10/31). I would only get about what it's worth.
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