Showing posts with label cars in bankruptcy. Show all posts
Showing posts with label cars in bankruptcy. Show all posts

Friday, June 3, 2011

Should I Reaffirm My Car Loan Debt in a Chapter 7?

We all need transportation to live and work normally. If you're thinking about chapter 7 or currently in a chapter 7, you will need to decide what to do with your car.

While you can almost always keep it in a typical chapter 7 case, there are cases where letting it go and getting the debt against it discharged may be the smarter move.