What is the name of your state? MN
Hi There,
I recently filed chapter 7 bankruptcy but kept my car and house. My attorney has advised that I not reaffirm these debts in case I ever run into financial difficulties again in the future. He says that if I continue to make on-time payments, the mortgage lender and car lender will not take any action. Am I taking any risks by not reaffirming these debts? Does not reaffirming adversely affect my credit?
Thanks.
Hi There,
I recently filed chapter 7 bankruptcy but kept my car and house. My attorney has advised that I not reaffirm these debts in case I ever run into financial difficulties again in the future. He says that if I continue to make on-time payments, the mortgage lender and car lender will not take any action. Am I taking any risks by not reaffirming these debts? Does not reaffirming adversely affect my credit?
Thanks.