Your attorney is correct about the reaffirmation agreement. In most states it's not required if the loan is secured by property. Going bad about keeping property is if your situation continues to get worse and you can't afford it after a period of time you could be liable for any losses the lender incurred. Many people filing bankruptcy right away think of hiring an attorney, before doing that considered doing it yourself. It will save you about $1000. Also when filing with the court since both of you lost your jobs there is a possibility to get a fee waiver from the court. This will save you another $299. Check all your options before signing a retainer with the attorney.