Can I keep my car if I file for bankruptcy?

Many bankruptcy clients would like to keep their cars.  Most finance companies usually want the debtors to keep their cars, but only if they remain current with their payments.  When filing for bankruptcy, clients will in most cases need to “reaffirm” on the loan of their car.  They will need to make sure the finance company has received this “Reaffirmation” agreement before they are discharged.  If this is not done, the debt will be discharged in the bankruptcy and the finance company will move to reclaim the car through a repossession.  So, if you want to keep your car, keep your payments current, make sure your attorney is aware that you want to keep your car, fill out the “Reaffirmation” agreement and make sure that the “Reaffirmation” agreement is filed with the finance company before discharge.

Call my office to set up your consultation today.  Todd Courser 810-245-0813