Posted on: 19th Mar, 2010 02:13 pm
I recently filed Chapter 7 in July of 2009. My discharge was on October 29th 2009. I have a boat loan and a car loan that I filed to reafirm, and the lawyer dropped the ball into getting the signed docs to the lenders. The lender told us we cannot do reafirm after the discharge. We called the lawyer and asked what happened and its now a case of finger pointing. The lawyer said the judge may not reafirm since its discharged. The lawyer said that if we make payments on time and just keep a history print off of the payments, we will be fine. I just pulled my credit report and the Mortgage, and car loan are not reporting either. Those items were reafimed and recieved in time. What recourse do we have to make sure everything is reafirmed and reporting as they should? We feel like we have been taken to the cleaners by our lawyer.
Hi Mr. D,
Since you have been discharged from bankruptcy, it will not be possible for you to reaffirm the loans at this point in time. You will have to reopen the bankruptcy case to reaffirm the loans and reopening the case will not be easy. I think you should talk to the lenders regarding this. The lenders would not want to repossess the collateral as long as they are being paid on time. Tell them that you do want to pay off your financial obligations and also discuss with them regarding how they will report it to the credit bureaus.
Since you have been discharged from bankruptcy, it will not be possible for you to reaffirm the loans at this point in time. You will have to reopen the bankruptcy case to reaffirm the loans and reopening the case will not be easy. I think you should talk to the lenders regarding this. The lenders would not want to repossess the collateral as long as they are being paid on time. Tell them that you do want to pay off your financial obligations and also discuss with them regarding how they will report it to the credit bureaus.