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Can you please tell me what State you reside in
Unfortunately Pennsylvania statute does not protect the vehicle from creditor claims. Therefore your vehicle is at risk
What is the best course of action in that case?
I have not made the final payment yet, but it is due.
I cannot give you legal advice – just legal information. However a person in a situation similar to that you described may want to consider a chapter 7 bankruptcy.
By filing a chapter 7 bankruptcy you would be able to choose the federal bankruptcy exemptions and protect $3450 of equity in your vehicle
A chapter 7 bankruptcy would also discharge/erase the credit card debt
Have I answered your question?
I was told a bankruptcy was not a good option because of my student loan debt
Student loan debt would typically not be discharged. However credit card debt would be discharged and it would protect $3450 of equity in your vehicle
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