Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Question about filling bankruptcy? - i have a friend who is recently divorced and and in a bit of money problems... 1 her ex doesn't make payments or makes them late on their old joint accounts (i.e) timeshare, etc 2 her old house that she was renting was torn apart by the last tenets she obviously doesn't have the money to fix it back up so she is doing a short sale on the property.. with those two problems comes a third issue, she barely makes enough to pay her car payment and and rent at her current place so shes trying to decide if she should let her car go and buy a used one or if she should try to continue with the payments...
She worries that although the short sale and late/non payments are lowering her credit score that letting her car go will cause her credit to fall so much further to where it will be hard to recover
finally to the question i need answered... will letting her car go effect her credit that much more after the late/non payments and short sale on the house would? -
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