What happens to my car if the loan company doesn't reaffirm?

[newbie2]

I just went on Monday, for 341 hearing. My bankrupacy was ruled no asset case, I noted that my Lawyer did not say anything about reaffirming my car loan. So should I still make payments to loan company. I heared that if you don't reaffirm you can still pay, but they can not send you a bill or call you. Also what if I want to get a car that is cheaper then mine. I know mine was put into bankrupacy so can I just get the new loan and return my car to old car lender without issue.

Kuzam, this thread is over 3 years old. You would get more replies with current information if you post your own thread. To answer your question, you should be able to keep paying on the car and have no problems with the lender. However if you do decide to turn it in and get a cheaper car you can do so as long as you don't reaffirm the debt. Good luck to you.

[debee]

Anyone know the policy for Ford Credit?

Ford is notorious for repo (without reaffirmation) as someone mentioned earlier, but awhile back people here were posting that they don't do it if the debt is less than $4000K or so. Apparently, there's an actually cut off number. $3800? $4800? Something like that.

[Dorsey]

Does anyone have any experience with BMW Bank of North America vis-a-vis their position on repossession vs. retain and pay in Maryland?