Florida Bancruptcy & Reposession Vehicle?

[cruz50]

Okay, I'm stuck in a pickle and my lawyer cannot give me advice for some strange reason, so I need help with this.

I have a 2006 Passat with 79,000 and is out of warranty. I've spent $2,500 already this year on it, and now it needs new suspension ($1,800). I'm scared to put anymore money into it.

I owe $10,800 and the dealerships offered 7-7,500. Because my brother did something foolish in the house we were renting, we had to move (went our separate ways) and I was backed up on bills. I've got 13 debt collectors calling me 2-4 times per day! My credit went from a 700 to a 511 in just 4 months.

Needless to say I'm screwed.

I need a new(er) car before I file bankruptcy and I need advice from prow or lawyers who (honestly) know the law and/or have done this!

3 things. First, I have 4 charge accounts totaling 12,000, the auto 10,800, some medical 2,700, student loans 10,570 (I know these are protected), and some utilities 1,200.

1. What can I do to boost my credit extremely fast in relation to these accounts?

2. I'm thinking I will try to buy the new car without including this one, and have this one repressed after I file for bankruptcy.

3. Or, what should I do to get into the new car?
(in looking at a used 2008 with low mileage and = or < than current payment)


I'm looking at a newer car and not just buying a hooptie because I understand I won't be able to finance a car for at least 3 years. My job requires me to take clients places at times. I can't drive an investors looking to spend 50-500,000 in a beater!



Please help me with this.

Also, some have offered to settle, will this boost my credit, or should I not waste my time and money because I'm filing?

[christos]

Hi i was in debt 45k and i used this company called Guardian Credit Solutions and they got me out of debt and my credit score was a 582 and they got it to go up to 800's. Give them a call there number is 219-262-9999 they will help you out.

[anglesey34]

You are living in an alternate universe if you think you are going to be financing a new car with your credit score, or that you can somehow get your credit score to jump enough to get you a new car.

Even IF you were to find some unscrupulous dealer to lend you money to buy a new car, the interest would be outrageous, which would set you up for failure.

Also, IF you were to go get financing for a new car and then file bankruptcy, your bankruptcy could be thrown out.

And, if you have a lawyer (whom I am sure is taking your money to help you with bankruptcy? or is hoping to take some of your money to help you file..) but if you have a lawyer who cannot answer questions.. you need to find another lawyer!