We are filing our Pro Se Chapter 7 this next week and was wondering how to handle my secured furniture loan account. We would like to keep the furniture but do not want to pay the entire account balance.
Option#1- Do I put in the papers that I will be surrendering this secured property and hope that they either don't ever show up to get the furniture? Or hope they will negotiate the balance down to a reasonable amount and we can pay installments.
Option#2- Do I just list it as a secured claim and not show it being surrendered or reaffirmed and just let the company contact me and go from there?
Through searching these forums I have read where to furniture financers puff a lot of smoke but then never show up to take the property. Furniture is almost worthless once used and we have had this stuff for almost a year and a half...is it worth it to them to pick it up?
Option#1- Do I put in the papers that I will be surrendering this secured property and hope that they either don't ever show up to get the furniture? Or hope they will negotiate the balance down to a reasonable amount and we can pay installments.
Option#2- Do I just list it as a secured claim and not show it being surrendered or reaffirmed and just let the company contact me and go from there?
Through searching these forums I have read where to furniture financers puff a lot of smoke but then never show up to take the property. Furniture is almost worthless once used and we have had this stuff for almost a year and a half...is it worth it to them to pick it up?
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