What is involved in reaffirmation of a car in Texas after a bankruptcy?

Answer by  Mary (2095)

A reaffirmation is agreement to continue the loan, this requires a written agreement with the lender and court approval of the loan.

Answer by  patti (29325)

This matter will be taken up during your bankruptcy proceedings. Your attorney can assist you in reaffirming the debt. You might want to notify the creditor of your plans. Make sure you have all the documentation for the court and your attorney. Once the debt is reaffirmed, you will received additional paperwork.

Answer by  NGoodson (3395)

You can't reaffirm your car if your bankruptcy has already been discharged, but before (after it has been filed) you can keep making your payments on time (even though you won't get statements) and the loan company will send you a reaffirmation agreement to sign and return.