how to get out from under your truck loan
#11
Well with alot of drivers looking for a job, why doesn't he just keep the truck leased to the company and hire a driver to drive the truck. Doesn't matter who drives the truck, as long as it's making money. He will save his credit, and make money until he finds a buyer.
This was what I was wondering....If the economy finds a miracle, he could have an income while he is sick.
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#12
Member
Join Date: May 2007
Location: Hungary,in the fast lane.
Posts: 136
I believe this is the route he will be taking. That is what I originally suggested to him the other day. He just wanted to check & make sure there were no other options to get around the predicament his health suddenly put him in. He knew there wasn't but never hurts to hope a solution is possible. Guess that should be a big eye opener for many of us, even if things are working out for you today as an o/o tomorrow you could be diagnosed with a possible career ending health problem. Be thankful for everyday you are given.
What was he diagnosed with?
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#15
Rookie
Thread Starter
Join Date: Jan 2009
Posts: 11
He worked it out with one of his brother-in-laws who sold his 12 year old truck, then took over his truck payments. Thanks for the possible help though. I know it is a relief for him now that it is all settled & he can now focus on his medical treatments without fear of ruining his credit. Hopefully he can win his fight & return to his business later down the road.
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