Question

[scorpion35]

filed ch7, reaffirming auto loan,DMI is negative 600
will the judge let me reaffirm ?
i can afford it and need truck to go to/and from work
payment was used to calculate means test
if he doesn't let me reaffirm it will it affect my DMI?


thanks

[justbroke]

It is highly unlikely the judge will let you reaffirm with that much negative DMI. You could explain this in the reaffirmation cover sheet, as to how you can make up the difference. The new reaffirmation agreement coversheet actually has calculations on it so that the Judge can clearly see what your expenses are versus your income.

[scorpion35]

It is highly unlikely the judge will let you reaffirm with that much negative DMI. You could explain this in the reaffirmation cover sheet, as to how you can make up the difference. The new reaffirmation agreement coversheet actually has calculations on it so that the Judge can clearly see what your expenses are versus your income.

if he doesn't let me reaffirm it can i still keep the truck assuming my credit union will let me keep as long as i am current?

[ccsjoe]

if he doesn't let me reaffirm it can i still keep the truck assuming my credit union will let me keep as long as i am current?

Short answer: Yes. Long answer: Assuming CU is ok with ride & pay, yes.