Keeping Your Vehicle by Reaffirming the Vehicle Loan
In a Chapter 7 case you "reaffirm" your vehicle loan if you want to keep your vehicle. This means you keep paying it.
When a Creditor Does Not Enforce its Lien
Sometimes, even if what you bought is legally collateral on a debt, you can just write off and not pay the debt yet keep what you bought.
Secured Debt Treated Like Unsecured Debt after Collateral Surrender
A secured debt effectively turns into an unsecured debt if you surrender the collateral, which may make sense to do more than you think.
Reaffirming Your Vehicle Loan through Chapter 7 Bankruptcy
A reaffirmation agreement is a document, usually prepared by your vehicle lender, which you sign and is then filed at the bankruptcy court.
A Fresh Start on Your Vehicle Loan through Chapter 7 “Reaffirmation”
A reaffirmation agreement makes you still liable on your vehicle loan so you can keep your car or truck after writing off your other debts.
Giving Thanks for Chapter 7 “Straight Bankruptcy”
Chapter 7 has many important features deserving appreciation.
Chapter 7 and Chapter 13–Vehicle Loans
Two similar scenarios, two very different solutions for keeping a vehicle if you're behind on payments.
Making Sense of Bankruptcy: How Secured Debts are Treated in a Chapter 7 “Straight Bankruptcy”
Bankruptcy pays a lot of attention to and can help you deal with your secured debts in many favorable ways.
Making Sense of Bankruptcy: How Does Chapter 7 Handle the Collateral Securing My Debts?
When you file a Chapter 7 "straight bankruptcy" case you can keep and pay for collateral or return it and not pay the debt.
New Year Resolution #3: Deal Effectively with Your Car or Truck Loan
Both the Chapter 7 and Chapter 13 types of bankruptcy give you excellent ways to either keep andâif you wantâsafely let go of your vehicle.
New Year Resolution #3: Deal Effectively with Your Car or Truck Loan
Both the Chapter 7 and Chapter 13 types of bankruptcy give you excellent ways to either keep andâif you wantâsafely let go of your vehicle.
Thanksgiving Week: Giving Thanks for Special Chapter 7 Tools and Tactics
Chapter 7 gets rid of judgment liens and older income taxes, lets business debtors avoid the "means test" and lets you keep a vehicle loan.
Crucial Question: In a Chapter 7 Case, How Do You Keep Collateral That’s Not a Home or Vehicle?
Have your attorney first make sure that your creditor has a right to the collateral. If so, arrange to pay for the right to keep it.
Crucial Question: Can Bankruptcy Allow You to Keep Your Vehicle Even If Behind on Payments?
Bankruptcy can make it possible to keep your vehicle. You have two ways, depending on how much help you need.
A Chapter 7 “Straight Bankruptcy” Can . . . Help You Deal with Secured Debts from Your Closed Business
Chapter 7 puts you in the driver's seat to either keep or surrender the collateral securing your business debts.