341 Today..

[Carloscda]

Just had 341 today, waiting for Honda to figure out what they're going to do, now what?

Can it be a situation where the judge refuses t let me reaffirm my car and I have to give it back? In which I really don't want to because there's only a yr left!

Thanks in advanced!

[BobMango]

If you don't reaffirm you can generally "retain and pay" as long as you are not behind and don't live in some place like Texas.

You will need to have a positive DMI that supports the payment if you want your lawyer (or judge, if pro se) to sign the agreement without a hassle. You can get a judge to sign off with a negative DMI, but you need to have a good explanation (like exempt tax return will cover it, etc).

[AngelinaCatHub]

Just had 341 today, waiting for Honda to figure out what they're going to do, now what?

Can it be a situation where the judge refuses t let me reaffirm my car and I have to give it back? In which I really don't want to because there's only a yr left!

Thanks in advanced!

They don't want your car. They want your money. There is a glut of used cars out there and will be more.

As "Bob" said, keep the payment current and do not reaffirm. Who knows we may all be walking soon. A reaffirmation is nonchargeable that they WILL go for you. 'Hub