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Should I Try To Bankrupt My Truck?

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    Should I Try To Bankrupt My Truck?

    I owe $2500 on the thing. I dunno ... should I file it under statement of intent as "I intend to filch out and keep it," or should I "intend to continue paying it off?"

    Opinions?

    #2
    It depends.....how much is it worth? Does it need work? is it worth keeping? We were really upside down with our van, so we gave it up. It needed so much work also.

    pink_amulet

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      #3
      If you need the vehicle & can handle the payment, keep making payments. Mark that you plan to retain it. If you can do without it, or it really isn't worth it, surrender it. You have to determine what you need/want.
      Most of my information is from personal experience or HOURS and HOURS of online research. When you're searching online, keep in mind there is no guarantee that the info is completely up to date, and your situation is unique from anyone else's. Do your homework, and consult with an attorney so you can make an informed decision.

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        #4
        truck

        Originally posted by HeartBroke
        I owe $2500 on the thing. I dunno ... should I file it under statement of intent as "I intend to filch out and keep it," or should I "intend to continue paying it off?"

        Opinions?
        I have a 1996 truck needs 2500 worth of work, owe a title loan for 1500 - have a van 1997 engine went out , owe a title loan for 300. what should I do and if they take them both, am i allowed to get something else asap????? help

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