Am I Ok?

[Scooter10]

I was a chp7 discharge in 4/08 and did NOT re-afirm my car.

I did a ride through on my car, but it is now starting to have problems. It barely runs. I dont have the money to fix.
Can i just stop paying and allow bank to repo/surrender vehcile? am i going to have any issues with lender because the vehicle is having problems now?

[JJ888]

As my attorney explained to me. If I did not reaffirm and continue to make payments I can keep the car. But for example after 2 months or more of discharge I decided to surrender the car or have it repo'd. The finance company can sue for the difference when they sell the car in auction.

[jdcat]

Are you sure about that JJ888?

I thought that as long as the vehicle is not reaffirmed the debtor cannot be held liable for any deficiency. The debtors legal obligation for that debt would not exist without a reaff.

[rooster0330]

I always thought if you reaffirmed, they could come back after you, but a ride-through they cannot come back after you.