Jacquelyn asked: I’m asking this on behalf of my boyfriend. He was in a car accident on November 17th, it was a 14 car pile-up that happened due to bad weather conditions. Tickets weren’t given out and I believe nobody was cited. He had no insurance at the time of the accident, and he had a loan taken out for this car (he still owes $6,000 or so on it). The car is now totaled and there is nothing that can be done about this. Obviously making a payment on a car you no longer have is ridiculous, but I assume that’s what he is going to have to do. In the meantime, he also needs to save enough money to purchase another car. Has anyone been in this situation before? What would you recommend? Obviously he should’ve been driving with insurance, that’s a given. But all that aside, he is now in some debt. He wants to file bankruptcy but from what I hear it’s expensive and you have to have a substantial amount of debt in order to file. Should he look into meeting with someone that can help him consolidate his debt? He’s having a really hard time with this right now and I want to be there and support him the best I can. Any answers would be VERY much appreciated. Happy Holidays!
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