I just registered to Pacer and saw our case as Ch7 Asset Case, what does that mean? Our home was foreclosed before we filed last dec14,2007 and had 341 meeting 1/23/08. A reaffirmation agreement was signed and filed with court for one of our cars. Also I received a reaffirmation hearing on 2/28/08 do we have to attend? No reaffirmation agreement received for the other car though we want to keep it. Any advice on "Ch7 Asset Case"?
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Well, it means that the trustee thinks there is some non-exempt asset that he can seize in order to pay creditors...probably a tax refund, but without more info, who can say? -
Because the only thing I had was my SUV, they changed me from no-asset to asset. It could be a car and/or your tax refund.Filed Oct 2005discharged February 2007,Shapeless in the fire's glow, tell me if you think you know,
Who it was we were below, where we've been and where we go
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If there is a reaffirm hearing scheduled and you want to keep the auto.... then yes you must attend the hearing...Minny
"It's amazing the paths that our feet sometimes follow in life".
My suggestions are from "personal experience" and research only. Do not consider this as legal advice. Each bankruptcy case is different.Comment
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