Re: Chpt 7 and car payment

Posted by WHY CHAT (12.94.10.164) on March 13, 2003 at 13:44:09:

In Reply to: Re: Chpt 7 and car payment posted by skysthelimit on March 13, 2003 at 12:18:01:

If you are not in breach of your contract they cannot take the car. Once it is paid off they are required by law to release the title.

The reason NOT to reaffirm the account is in case you are UNABLE to make the payments and the car is repossessed, you would not be liable for any deficiency.

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