surrender or negotiate auto loan with bank?

[help me 07]

after several phone calls and letters the bank sent me about late payments , i finally called them to discuss the situation,
i told them i was just going to surrender the car instead of them paying to get it repo.....the banker said wait were trying to keep people in cars,
what if we take away the deliquent amt can you still make the original payment ($690) i said no its too much , i just started a new job and it pays bi-weekly so i havent recieve my check yet so i dont know....then he ask me how much i made, was this right for him to ask? i told him 8.50 , he did some calculating...

he also said no one wins if u just give up the car, the loan was for 38,000 in april 2007, i was 19 yrs old when the bank gave it to me for the car he also said i dont know many 19 year old would ever get an amt like that from a bank ..i had really good credit...710 wow..

im going to meet with him monday about this i want a lower payment is what im going for ... i know i can make the payment its just that i owe my girlfriend 15,000 and i cant keep the car and pay her so the car would have to go unless he can give my a loan for 15,000 or add that to the car amt and i will just make one big payment a month for the car/personal loan

i dont know how this works oh and i have other credit cards too.
i was just going to file bankruptcy for all those other credit cards and keep the car out of it can i do that? i didnt tell the banker about this one

[HHM]

Let's back up the truck....

You make 8.50 per hour, correct...assuming full time 40 hours per week (times 4.2 weeks), that is $1,428 per month GROSS. That car payment is 48% of your Gross monthly salary. I imagine insurance is easily another $100-$200 per month.

Do you pay rent...?

There is absolutely no reason you should keep that car, unless you plan on "living" in it. That is far too much car for your income not matter which way you slice it. Start making good financial decisions now, dump that money pit car, and get something you can actually afford. I honestly don't think the bank can improve your payment in a significant way.

If you have other unsecured debt and if its significant, a BK is probably a good option. And no, you cannot "leave off" the car from the BK.