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rhob11

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Have 10,000 negative equity on my car what should I do, thinking about filing it on bankruptcy

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Top Contributor
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10,000 is not enough to make it worth it

if you debt is not over 1 years worth of income, It's probably not worth the cost (about $3 to $4K just to the attorney!) 

Negitive equity on a vehicle is not unusual.  it happens as soon as you drive off the lot with a new car, it's no longer "new".

a bankruptcy will stay on your credit report for the next 10 years, is it worth it?

Good luck

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