Legal Question in Bankruptcy in Georgia

Re: If payments are current at time of bankruptcy can debtors still repossess au

Generally if you file a straight bankruptcy under Chapter 7, you can reaffirm debts that are secured by collateral and continue to pay them. Creditors routinely agree to this if your payments are substantially current.

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You should not rely on this information alone in deciding your course of action. We recommend that you speak to an attorney of your choice and seek specific advice and representation.

Morgan & Morgan Attorneys at Law, P.C is licensed to practice law in the state of Georgia only. The general information contained in our response is based on Georgia law. If you or another party to your dispute resides in another state, the information provided may not be applicable.