Firegurl18
New member
What is the name of your state? NJ
I'm filing for bankruptcy. Chapter 7. I am financing a 2015 Chrysler 200. I have 2 1/2 more years to pay on it at 30% interest rate. About $700 a month. My step dad cosigned for me. I contacted the lien holder, Cheysler Capital. They said if the car is repossessed, it will be removed from my credit and the co-signers credit. We won't owe anything on the vehicle. The car is only worth about 10,000. I still owe about $17,000 on it. The vehicle also has front end accident damage to it. I didn't mention it has damage. So I'm not sure if the lien holder will go after ny dad for the cost of damages. Should I include it in the bankruptcy or apply for an affirmation for it?
I'm filing for bankruptcy. Chapter 7. I am financing a 2015 Chrysler 200. I have 2 1/2 more years to pay on it at 30% interest rate. About $700 a month. My step dad cosigned for me. I contacted the lien holder, Cheysler Capital. They said if the car is repossessed, it will be removed from my credit and the co-signers credit. We won't owe anything on the vehicle. The car is only worth about 10,000. I still owe about $17,000 on it. The vehicle also has front end accident damage to it. I didn't mention it has damage. So I'm not sure if the lien holder will go after ny dad for the cost of damages. Should I include it in the bankruptcy or apply for an affirmation for it?