My husband and I were discharged from our ch 7 last april, We listed on the statement of intentions that we would keep the house and car and continue to make payments. We never signed any reaffirmation for the car or home. Due to the economy we have lost our jobs and are not able to keep either one. Are we liable for this debt if we let it go through forclosure and reposesion? Also our credit report states both debts were included in bankruptcy. Any info would be greatly appreciated!
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If you did not reaffirm these debts then you can let them take the car and the house go and you will not be responsible for the deficienciesChapter 7 07/30/2008
341 09/17/2008
Discharge 11/21/2008 -
Just stop paying the car, take out all your belongings and eventually it may disappear. Or in my case you'll get a phone call 3 months later and they'll come and get it.
good luckComment
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TEW is right. If you didn't sign the reaffirm then you owe nothing. No obligation.Comment
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You guys should be able to basically walk away. Being that this is a serious matter, I would run it through your lawyer or get actual legal advice just to make sure.Originally posted by cnflores05 View PostMy comments are solely based on my opinion. The information and links that I have
posted are provided solely for informational purposes, and do not constitute legal adviceComment
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ok thanks, im just worried of them suing us one day...well its not like we have anything anyway. I guess i still dont understand how It was included in our bankruptcy when we intended to keep the house and car?Comment
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Just thought i would pop in. You intended to keep them. But the reaffirm was never signed so it was included in the bk. Nothing was ever done because you cantinued to pay on them.Originally posted by cnflores05 View PostFILED CH7: 03/20/09
341: May 11th, 2009
DISCHARGED: July 13th, 2009Comment
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