I am going to file a chapter 13 bankruptcy next week because I had a car repossessed and they auctioned it for much less than I owed.
I have since financed another vehicle. I am up to date on the payments and can now afford to keep them up to date.
My question is whether to include it in the bankruptcy or not? If I include it, I save money on the interest rate and end up paying a little less when it’s all said and done but would it be better for my credit as far as buying another vehicle or a house in the near future if I keep it out of the bankruptcy and continue to pay for it seperately? So basically what are the pros/cons of including or not including my truck in the bankruptcy? Thank you.