Wells fargo

[scorpion35]

Wells fargo sent my attorney a reaffirmation agreement for me to sign,
i owe them $500 (included in my bk) and now they want me to pay them $250 or surrender the item.
what happens if i don't reaffirm?
can the trustee dismiss my case?


thanks

[tcreegan]

Hi scorpion35,

Wells fargo sent my attorney a reaffirmation agreement for me to sign, don't

i owe them $500 (included in my bk) and now they want me to pay them $250 or surrender the item. what is the item?

what happens if i don't reaffirm? usually nothing

can the trustee dismiss my case? good Lord, NO

Can we assume that you bought some big-ticket item that secured the debt w. WF?

Wells Fargo wants to get some $$ out of you, if you don't reaffirm they can file for relief from the stay and start proceedings to recover the "item", send a couple guys and a truck to your place to pick it up.

Guess what? They aren't going to do this. Why?
(1) It would cost more than the $500 you owe, way more.
(2) What are they going to do with the used item? Not like they run a second-hand store...

It is profitable to try to put a squeeze on you and see if you will cough up some cash, so that is what they are doing.

Ignore them, they will go away.

Tom in Colo

[scorpion35]

the item is a home theater receiver

i am not planning on reaffirming


thanks for your help, its apreciated

[keepmine]

Agree with Tom. Nobody wants used consumer electronics.
Ignore them and they'll go bother somebody else.