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  1. #1
    Join Date
    Nov 2017
    Posts
    1

    Default Can You Reaffirm a Car Loan That Shows as Closed After Filing Chapter 7 Bankuptcy

    Filed Chap7 2 Weeks Ago Wanted to Re Affirm Car Loan Now Shows As Closed Worried
    My question involves bankruptcy in the state of: Florida
    I filed Chapter 7 2 weeks ago. I wanted to reaffirm my car loan;now it’s showing as closed on report. Attorney told me to keep paying. Does this mean it won’t be re affirmed? Will they come take the car?? The car is worth 4000 I still owe 5700 had 11 payments left. It’s says closed then chapter 7 Bankruptcy, I,m worried I need the car.
    I signed the re affirmation paperwork when I filed.

  2. #2
    Join Date
    Oct 2014
    Posts
    8,238

    Default Re: Filed Chap7 2 Weeks Ago Wanted to Re Affirm Car Loan Now Shows As Clu

    Follow the directions of your attorney. The lender has to take steps to ensure it does not further collect on the loan while the automatic stay is in effect, which is likely why it is showing up closed right now. You won't get a reaffirmation done in just two weeks, so you’ll need to wait until that process is completed before you may see a change in the status.

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