I noticed when I checked Pacer earlier this week that 2 of my creditors, Harley Davidson and the HBSC, they have my cargo trailer loan, both sent requests I am assuming about the outcome of 341.
Since these are both secured loans I am assuming they are checking on things to know how to proceed in regard to reaffirmation or not.
So would it be reasonable to expect at sometime here in the near future to be hearing from my attorney that they want me to sign reaffirmation papers?
I won't reaffirm the Harley because that is also in my BF's name, his is first on the loan. It is a $500 plus a month payment that is way upside down and about 5 years left on the loan. He is current on the loan and we will be able to keep the bike as long as he pays.
My HBSC loan I would prefer to just continue making the payments without doing the reaffirm but it sounds like that is no longer allowed. That payment is $120. a month with 5 years left also but I use that for work and it is a write off for me, so if I have to reaffirm I will.
Would that be the correct assumption as to why they were inquiring right after my 341?
Since these are both secured loans I am assuming they are checking on things to know how to proceed in regard to reaffirmation or not.
So would it be reasonable to expect at sometime here in the near future to be hearing from my attorney that they want me to sign reaffirmation papers?
I won't reaffirm the Harley because that is also in my BF's name, his is first on the loan. It is a $500 plus a month payment that is way upside down and about 5 years left on the loan. He is current on the loan and we will be able to keep the bike as long as he pays.
My HBSC loan I would prefer to just continue making the payments without doing the reaffirm but it sounds like that is no longer allowed. That payment is $120. a month with 5 years left also but I use that for work and it is a write off for me, so if I have to reaffirm I will.
Would that be the correct assumption as to why they were inquiring right after my 341?
