Legal Question in Bankruptcy in New York

reaffirm

How and when is a car loan reaffirmed after a filing of Chapter 7?


Asked on 11/25/07, 4:02 pm

1 Answer from Attorneys

Nancy Delain Delain Law Office, PLLC

Re: reaffirm

Reaffirmation of any loan is a fairly complex determination. The following link is from the website of the US Bankruptcy Court for the Northern District of NY, and it contains information regarding reaffirmations. IT MAY OR MAY NOT APPLY TO YOU. It is, though, a good starting place for procedural information. You might want to check the website of the bankruptcy court in which your case is pending or will be brought.

http://www.nynb.uscourts.gov/usbc/ProSepetitionpkg7.pdf

Good luck.

THE INFORMATION PRESENTED HERE IS GENERAL IN NATURE AND IS NOT INTENDED, NOR SHOULD IT BE CONSTRUED, AS LEGAL ADVICE. THIS POSTING DOES NOT CREATE ANY ATTORNEY-CLIENT RELATIONSHIP BETWEEN US. FOR SPECIFIC ADVICE ABOUT YOUR PARTICULAR SITUATION, CONSULT YOUR ATTORNEY.

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Answered on 11/25/07, 7:02 pm


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