which route should we choose? [work situation] [creditor]

Need help with our situation. We have a car that my father in law financed along with my husband as a co-signer. My father-in-law recently filed for bankruptcy due to illness, and he asked in his filing to remove him from the loan. We were the ones paying for the loan this whole time, but recently with my husband's work situation we were paying the loan late, but before it surpassed the 30 day mark. However, now that my father-in-law's bankruptcy was filed, the creditor filed a motion to seize the vehicle due to the payment being past due – 4 days late, where before it was fine. I had my father-in-law's bankruptcy lawyer contact Chrysler Financial's lawyer to explain our situation. The bankruptcy lawyer told us to submit a payment right away and they will let us keep the car, so we did. Well now comes August and day before another payment was due, my father-in-law receives a letter stating again that a motion was filed to seize the vehicle. I do not want to send them money if they continue to send these letters. We are upside down on this loan, with additional 2 years to go before its paid off, with husband's work situation – the loan payment became too high for us to afford, our credits stink (have not checked recently but it's most likely in the mid 400 range) and this car is a coupe and we really need a 4 door car due to a new addition to our family. Here are two options we are contiplating with:
- Continue paying the car loan (which we really can't afford) until it's paid off in 2 years.
- Let them take the car, buy an older 4 door used car under my name with a lower monthly payment, and with husband's extreme bad credit history file for bankruptcy to get discharged from any charges from the repo and relieve us of previous credit problems.
What would you do in our situation?

---

Best Answer: 100% scam.

There is no job.

There is only a scammer trying to get you to sign up for some sites using the affiliate link he provided. He only wanted the commission he would receive for getting people to sign up under him. .

After you had signed up for the sites using the affiliate link, your credit card will be charged multiple times every month for everything you "signed up" for and stuff you didn't know you were signing up for.

Now that you have responded to a scammer, you are on his 'potential sucker' list, he will try again to separate you from your cash. He will send you more emails from his other free email addresses using another of his fake names with all kinds of stories of great jobs, lottery winnings, millions in the bank and desperate, lonely, sexy singles. He will sell you email address to all his scamming buddies who will also send you dozens of fake emails all with the exact same goal, you sending them your cash via Western Union or signing up at a site using the given affiliate link.

You could post up the email address that the scammer is using, it will help make your post more googlable for other suspicious potential victims to find when looking for information.

Do you know how to check the header of a received email? If not, you could google for information. Being able to read the header to determine the geographic location an email originated from will help you weed out the most obvious scams and scammers. Then delete and block that scammer. Don't bother to tell him that you know he is a scammer, it isn't worth your effort. He has one job in life, convincing victims to send him their hard-earned cash.

Whenever suspicious or just plain curious, google everything, website addresses, names used, companies mentioned, phone numbers given, all email addresses, even sentences from the emails as you might be unpleasantly surprised at what you find already posted online. You can also post/ask here and every scam-warner-anti-fraud-busting site you can find before taking a chance and losing money to a scammer.

6 "Rules to follow" to avoid most fake jobs:
1) Job asks to use your personal bank account and/or open a new one.
2) Job asks you to print/mail/cash a check or money order.
3) Job asks you to use Western Union or moneygram in any capacity.
4) Job asks you to accept packages and re-ship them on to anyone.
5) Job asks you to pay for visas, travel fees via Western Union or moneygram.
6) Job asks you to sign up for a credit reporting or identity verification site with your credit card.

Avoiding all jobs that mention any of the above listed 'red flags' and you will miss nearly all fake jobs. Only scammers ask you to do any of the above. No. Exceptions. Ever. For any reason.

If you google "fake job credit report", "fraud credit card sign up job" or something similar you will find hundreds of posts of victims and near victims of this type of scam.

---

Reply:I believe I've heard that Chrysler Financial has some unusual procedures when there is a co-maker on a loan and one of them are involved in a BK. I just don't remember the particulars.
I can't remember what they told me, but I thought they just quit reporting.
All bets are off though if the vehicle becomes a repossession.

---

Reply:Well here's something interesting, we just checked my husband's credit report from all 3 credit agencies and none of them show the auto loan that my husband was a cosigner on. How is that possible? how does this affect us if we decided to return the car? A repo on credit report with no auto loan on file? A bit confused…

---

Reply:QUOTE – Continue paying the car loan (which we really can't afford) until it's paid off in 2 years.
+1 best option for overall creditworthiness imo.

---

Related posts:

1. anything i can do to better my auto loan situation? [loan situation] [minimum payment]
2. Better to have low util/high scores or more cash? [credit forum] [best route]
3. Collection still on credit after discharge [mbna] [creditor]
4. Charged Off before IIB [correct search] [creditor]
5. How do you choose your rewards? [bazillion] [personal interest]