Dave Says: Filed Chapter 13 and Finance Company Won’t Help

Dear Dave,
Several months ago I lost my job, got very behind on my bills, and ended up filing Chapter 13 bankruptcy. It was dismissed because I was unable to find work. I recently found a good job and have taken care of everything but my truck. I owe $4,000 on it, and it’s worth about $5,000. The finance company won’t work with me and is getting nasty, so what can I do?
- Carl

Dear Carl,
Sell the truck! If you can get $5,000 for this vehicle, you can pay off the finance company and have about $1,000 left over to buy a junky, ugly, reliable little truck with cash.
After being dragged into a bankruptcy and not getting anything, this finance company is a little hacked off. That’s probably why they won’t work with you.
Get an ad in the paper TODAY and sell that thing! Then call the finance company one more time and tell them what you’re going to do to make things right with them.
Good luck, Carl.
- Dave