reaffirm question?????

[satinka]

We are considering bankruptcy due to $50,000 in debt on a farm/cow loan. Due to weather, some poor decisions, etc. we have been unable to pay the principle down over the past 8 years and have only been able to pay the interest each year which the bank has been glad to get at 10%. This loan and the cost ( pasture rent, feed, vet) of trying to keep a few cows is a serious drain and cost us about $9000 a year out of our pocket at a time when we are already in financial trouble due to pay cuts from our full time jobs and loss of horse income due to the economy. The question is; we have a horse business that makes up 40% of our income. We also have a loan on a horse trailer with the same bank that holds our farm/cow note. We are current on the trailer ( only owe $6000) and need to keep it due to the income it helps provide. Will the bank try to take it if we file?? Can we sell it to my parents before hand or will this cause issues??? Thanks,