I called my auto loan bank yesterday to see if my interest/payments be lowered so that I can reaffirm the debt. They said since I've only had the loan less than a year, they can't change the terms. That I will need to surrender the car.
They also said that next week someone who handles bankruptcy will be working on my loan. What does that mean?
I'm trying to figure out how much time I have before they repo the car.
Will that person from the bank lift the stay quickly? Or do I still have some time?
My husband and I will be getting a cheap, used car in the next week or so.
I pray that the car isn't repo'd before that happens?
They also said that next week someone who handles bankruptcy will be working on my loan. What does that mean?
I'm trying to figure out how much time I have before they repo the car.
Will that person from the bank lift the stay quickly? Or do I still have some time?
My husband and I will be getting a cheap, used car in the next week or so.
I pray that the car isn't repo'd before that happens?