Ride-Through; Ford Credit and Chase Auto Finance

[lediana]

Thanks for the suggestion, I wish it had worked.


credit auto

[anon256]

Ford Credit will repo the car if you do not reaffirm. Here's what happened. We filed Chapter 7 in Sept, listed the ford credit acct and stated that we wanted to retain and pay per contract.
Discharge came in January and 1 day following discharge we received a letter of default and right to cure saying we had 20 days to pay full balance. Called ford credit and after getting a second person who was not rude and condescending, was told that if you do not check reaffirm on the box they will not let you ride through and it has been this way since 2005.
Funning thing is we made our normal payment on the day they sent the letter and have been 5 days early every month. They also do not have to reaffirm the loan at the original terms.

Did a little more research and Ford won a case in the 9th circuit in November dealing with this exact issue.

Good luck, just thought you would like to hear one of many experiences with the lovely people at Ford. Guess I switch to GM now.