Legal Question in Bankruptcy in California

trading in car that has been reaffirmed

Hello,

I wanted to know if I had my car loan reaffirmed and have about 2 payments left on the loan, would I still be able to trade this car in and get a new one? Thank you.


Asked on 3/03/09, 12:25 pm

2 Answers from Attorneys
Carl Starrett Law Offices of Carl H. Starrett II

Re: trading in car that has been reaffirmed

So long as the loan gets paid off during this transaction, you shouldn't have any problems using the car as a trade in.

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Answered on 3/03/09, 12:34 pm
Brian Whitaker Lifeline Legal, LLP

Re: trading in car that has been reaffirmed

Yes.

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Answered on 3/03/09, 12:44 pm


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