| When you filed for bankruptcy, did you know you can not have car payments and car loans cannot be reaffirmed? Read your loan agreement, somewhere in the small writing it states that you must maintain a satisfactory credit rating for the life of the loan. And the vehicle is probably worth more than what your state allows for as an asset when you file for bankruptcy. In almost all states, your vehicle's value cannot exceed $1000 to $2000 and must be paid for. What the lender feared was the bankruptcy trustee discovering you had a vehicle worth more than what your state allows and having the trustee take the vehicle. The bank would then lose what you owed. Sucks, don't it?
__________________
If you feel my answer is rude, mean, snarky or in anyway not to your liking, I did my job. You don't need to tell me.
No private messages, I do not reply to them.
|