Originally posted by housepoor
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not signing reaffirmation agreement
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Originally posted by housepoor View PostThat's my understanding too, Chrystler and Ford are the ones coming to get the cars. Of course we have Chrystler. My lawyer did say that if we really didn't want to reaffirm but wanted to keep the car and keep paying we could sign the reaffirmation and that he wouldn't. Then when the case came up for us not to show and he would revoke the reaffirmation since on paper it poses a hardship. Then since him and the judge didn't sign it it wouldn't be legal. He said that this usually shuts them up since we made every attempt to reaffirm with them and just can't due to the system. Then they usually let you keep it and just keep paying. Hubby and I are currently weighing the pros and cons to keeping it.Well, I did. Every one of 'em. Mostly I remember the last one. The wild finish. A guy standing on a station platform in the rain with a comical look in his face because his insides have been kicked out. -Rick
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To Housepoor regarding Logan advice
Yes, like Logan says, you may not have to worry- every situation is a little different. You made an attempt to reaffirm and could not work it out with the creditor. You have made an attempt in good faith. You followed the rules but it did not work out. From what I have read elsewhere online, sometimes you can get some sympathy from the judge, or something like that for your attempt, so creditor may back off. I tried to work out a reaffirmation, but because my credit union is greedy, with an all or nothing attitude toward the debtor I was not able to work out my reaffirmation, and most of the rules of bankruptcy are not enforceable with the credit unions. The credit unions have unique protections, I have no glimmer of hope at avoiding the car getting picked up after discharge. without a redemption. However, in your case it sounds like you could have a point or two working for you,a glimmer of hope for you?
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