It is not uncommon for a BK atty to advise a car - purchase before filing BK. You do not Posted: Nov 3rd, 2017 - 7:23 pm In Reply to: welllll miiiiine told meeee to jump off a cliff. - Buying expensive things before filing is SM
wipe out that car debt. You either pay it or they repossess it, but many times you can cram down the value to the actual value of the vehicle, which is why it is often suggested since going to purchase after you file, you are likely to run into outrageous interest rates. You obviously would only do this if you needed a car and you can afford the car payment.
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