Ok so I'm stuck on this once again. It seems like I keep needing to push my filing (due to finances) yet again. I just can't seem to get a head. Maybe a 13 would be a better option for us. I have no clue....LOL

Any way - who here has filed Chapter 7, was late on your mortgage, and NOT...

We choose to retain and pay our house and vehicle when we filed. I'm worried about getting our vehicle repoed because we did not reaffirm. Has anyone ever experienced a repo after bk because you didn't reaffirm, but were current on payments, never late?

Thanks

Ugh! I cannot believe this.

Here's what happened:

1. Filed Chapter 7 on Oct 4th with only $100 in my account.
2. Liquidated IRAs to pay this month's bills on Oct 6 and 7...so my checking balance was a few grand.
3. I have the same credit union for my checking...

Here's my situation. My BK was discharged 12/09. I had an existing car loan from Citi Financial Auto (which I was never late on and always overpaid on). I wanted to keep the car and asked the judge to reaffirm. He denied the reaffirmation but told me I could keep the car as long as I just continued...

I was just wondering what happens (if anyone knows) when the lender doesn't file the reaffirmation prior to the last date for objections. I have filed a reaffirmation with Toyota, upon their request, had the attorney sign it, and sent it back to Toyota. I even called Toyota to confirm that they...

I was answering a post in the repossession section about an auto loan (http://www.bkforum.com/showthread.ph...lateralization) and this 722 redemption talk came up. I had recently also received a flyer in the mail about this 722 redemption thing, where...

My mortgage company sent me a re-affirmation agreement that had incorrect loan terms. So, they sent me another re-affirmation with loan modification terms, but it was too late and my BK discharged. I asked my BK lawyer to re-open my case, and he re-opened it, stating the reason above (that mtge co...

Is a reaffirmation hearing mandatory to reaffirm a vehicle? We received a reaffirmation agreement with the lender which we are going to sign and our lawyer is signing off on too. I wasn't sure but since our lawyer also signed it, will there still be a reaffirmation hearing or will we not have to go...

We received a letter from our lawyer today that Bank of America has said that we are required to sign a reaffirmation agreement in order to keep our car. In the letter my lawyer says "the secured creditor may be able to repossess the vehicle if you do not reaffirm, but if you are current (which...

Hello all,

We filed Chp. 7 pro se about three weeks ago. Our 341 is in a little under two weeks.

Two months prior to BK I refinanced THIS car loan. We took out more than the value of the car. The excess was reserved to cover expenses while my wife was on medical leave. I was...

My husband and I filed Chapter 7, April 2009. Our 2nd mortgage was reaffirmed, but our 1st was not. We have never been late on a payment. We owe about $50,000 more than the house is worth. Now we are looking to move out-of-state and do not have the resources to pay-off the deficiency. What are...

Yikes!
Just read where a bank refused to take car payments from someone in bk. Can they do that? I'm current with the car (load renegotiated in May -- only $1900 balance, value of $6-$8,000) but have stopped paying a cc held by the credit union who financed the car.

Thanks for...

Just filed this week. I have a vehicle that I owe just over $12K on. The KBB trade-in (lowest value) is about $20K. I called my CU today to talk about modifying the loan. My current payment is $650 and they are willing to drop the payment to $400. Also, I thought I was just one month behind but...

Filed our ch. 7 on 7/30/09 with ford credit as a secure debt. owe 23K, 06 explorer worth 14k, well, I found out from Ford over the phone that the dealer issued the title directly to me, which I don't have, would have to contact dmv to get and never perfected the lien. How is this going to work out?...

Would we be better off renting until the dismissal (approximately $800 month) or buying a junk car for under 2K?
Stopped paying on both cars in February...Filed on May 3rd..

341 on June 10....

After 30 days or no reaffirmation in FL the stay is lifted and Citi fiancial...