I don’t know if this is okay to post in here. I’m a beginner when it comes to finances and budgeting. I’ve made numerous dumb mistakes and I’m no where near even figuring it out. I need support/guidance/opinions about my vehicle. I have a 2015 Ford Explorer. It was $32, 000 when I purchased it in 2018. I currently owe $24, 000 still on it. I pay 15. 9% interest because my credit is horrendous. My monthly payments are $594 a month and it kills me. I believe I am on a 64 month contract or something close. I bank through Ally Financial and there is no refinance option, plus my credit is probably worse than when I purchased because I was late on a few payments. The only thing I can do through Ally is lengthen my contract and stretch my payments. I have about $8000 (outside of the car) in other debt that needs to be paid that I haven’t been paying down on. I lost my job in March and now stay home with my girls while my husband works. I have yet to receive unemployment for my job loss. Here’s my dilemma. I want to get out of paying for this car and get something different but I don’t know how. My family has suggested letting the bank take the car and just getting a new one and they’ve also suggested filing for bankruptcy. I don’t understand how I’d be able to get a cheaper car or anything at all because I don’t have any money saved to purchase a car. So if the bank takes mine, how to I get another one? I also don’t understand how bankruptcies work and how that would benefit me. Does anyone know how to point me in the right direction or can anyone give me ideas on what I can do?