Question about car

[lostand]

If the credid union decideds to take my van and will not let me reaffirm when will they tell me? I go Tuesady for the 341 hearing will they take it then? I would have no way to get home

[lrprn]

If the credid union decideds to take my van and will not let me reaffirm when will they tell me?

The credit union doesn't decide if you are going to keep your van. You indicated whether you want to keep the van or surrender it to the credit union when you filed.

How much is your van worth compared to how much you owe on it? If you are very upside down (owe much more on the car than it's actually worth), then it may not be a good idea for you to reaffirm the loan.

I go Tuesady for the 341 hearing will they take it then? I would have no way to get home

Your car will NOT be taken at your 341. Now that you have filed, if you surrendered the car as a part of your bankruptcy, first the credit union has to file an official request with the bankruptcy court to take it, then when the court grants the request your CU has to make the arrangements with a repossession vendor to pick the car up. It's not that fast a process.

From your questions, I'm assuming you filed Ch 7 on your own...am I right?

[lostand]

we have a lawyer but he said he does not know he said it depends on the credid union we want to raferm but I do not know if they will allow us to since we are going bad on another loan threw them

[inpain66]

we have a lawyer but he said he does not know he said it depends on the credid union we want to raferm but I do not know if they will allow us to since we are going bad on another loan threw them

You should call your credit union Bankruptcy department. That is what I did. I have 2 loans I am including in the chapter 7 and a car loan with them. They told me they would let me keep the car if I just keep paying or I could reaffirm the car only. I did not have my 341 meeting yet.

Point is if you already have the lawyer..call your credit union and see if they will let you keep the car.