During the Covid outbreak in 2020, my previous employer was forced to downsize. Sadly, I was of those who lost their job. I worked odd jobs, never took unemployment, but it just wasn’t enough. I finally made a very tough decision to file bankruptcy. It became final in February of 2021, and I lost my car in order to settle as much of the debts as I could. I finally got a decent job in May of 2021, and luckily it was work from home. so transportation was not much of a problem, My domestic partner had her vehicle and so we shared that. In October of 2022, we decided we did need a second vehicle, and we started shopping. I was able to find an suv that would fit the entire family, 6 of us at the time, and they offered a no money down option. So we went in, drove the car and applied for financing. they wanted a cosigner because of my bankruptcy, and my partner said she would cosign.
The suv was great, we loved it and then 8 months later it started making some od noises in the engine, and then it wouldn’t start. I had it towed to a mechanic, who looks at it and explained that the timing chain had failed causing the engine to become damaged and it needs to be replaced. Sadly the cost of the engine alone is beyond my budget right now, let alone the installation costs. I have tried to secure a loan, but my credit is still poor from the bankruptcy, and I get turned down. so this is my last option. I ha to have it towed back home, and it has been sitting in my driveway for 5 months now. I am not someone who depends on others or asks for help easily, but I have no other options. At this point I am still making my payments, insurance payments as well on it. I have priced use engines and I can get one for about $5500 plus shipping. I worked out a deal with the mechanic to make payments for the labor, but I have to have the engine completely paid for.
the stress of this whole situation has caused problems with my partner over sharing her vehicle again, trying to manage 3 daughters and get them where they need to be, and my employer has started requiring us to come into the office 3 times a week. I can’t forfeit the car or it will kill my partners credit, and still leave us without a second vehicle.
I very much appreciate your consideration. And any help is greatly appreciated, and will be paid forward.