After we file.....

[sassiebaz]

Does it matter what I tell my creditors after we have filed? One asked if we are reaffirming on our vehicle. I said I wasn't sure as it wasn't running. Was that good or bad? Or does it really even matter?

[StartingOver08]

I am assuming you contacted the creditor?

They are not suppose to contact you during the automatic stay. If you are trying to renegotiate your loan to reaffirm, then what you said is appropriate.

[optimistic1]

I would not reaffirm anything, especially in a Ch.13. I would utilize the cram down provision, and let them deal with it.

And, from now on, please, as much as you want to talk to them, dont. Tell them to call your attorney and talk to him about it, thats why you paid them so much money, make them work for it.

And if they contacted you after you filed the petition, then they are basically violating the automatic stay by calling you about the debt.

Saying it wasnt even running doesnt really do anything. Other than the fact that the lender surely does not want the vehicle back knowing they need to put money into it, or they will have to sell it for a fraction of what it is worth if it was running. Got it?

[sassiebaz]

They didn't call but Im so sick of all of the mail I get. They send a copy to each of us like twice a week. so, that is why I called them. I mentioned the car wasn't running as Im secretly hoping they dont want it back at all and we can somehow cram it down and keep it. Maybe Im just dreaming? Yeah, I get it though. Oddly enough, creditors I haven't heard from in months ironically started calling after we filed. Im sure they had no idea that we filed though. How could they? I wanted all the calls to stop so I did call acouple back and gave them my attorney info. I called his scretary and she said no one has even called to verify. Guess just giving them the name number and case number was enough....

[Justpoor]

I got to calls. I gave them my atty name and number and the calls stopped. I haven't even filed. In fact, I wish bank of america would call so they can pick up the boat out of the hi and dri. I might have to call them and ASK them to repo it!

[optimistic1]

Oh the creditors should know that you filed, when you give them the case #, they can verify it, and they will definitely stop then.

Your hoping to cram down the value?

How long since you purchased or secured financing for the vehicle? Refinance date?

[sassiebaz]

We bought the car in 2006 I believe

[liz417]

We bought the car in 2006 I believe

In order to cram down the vehicles, it needs to be at least 910 days from purchase.