Q: Kept a car through bankruptcy. its not on my credit but still paying for it. what happens if I let it go?
Bad credit before bankruptcy. Needed a car. High % rate. Car not worth anything now and still owe $8000. Still paying for it and its not on my credit. will it hurt me if I let it go?
A:
Did you list the creditor in your case? Did you sign a reaffirmation agreement? Has you bankruptcy case concluded with a discharge?
These are critical issues related to your question. Please resubmit with more information, or contact me.
A: Attorney Harlene Miller has some important questions that need to be answered before any advice can be given. Also... did you have an attorney help you with your bankruptcy? If so you need to ask them these questions.
A: If you signed a reaffirmation agreement, you will have to still pay for it. If you listed the creditor in your prior bankruptcy but did not reaffirm, there will be no negative impact if you let it go back.
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