Recent Feedback
I filed for Chapter 7 bankruptcy in Texas. I filed an intention to reaffirm my car loan in the hope I could renegotiate the terms. The lender will not renegotiate. I no longer want to reaffirm the debt and want them to take the car. The lender recently filed a motion to stay aside the stay so they could sell the car and collect the deficiency from me. My questions:1. Do I need to file something with the court to withdraw my intention to reaffirm?2. Can the lender collect a deficiency judgment?
Experience: Attorney practicing Bankruptcy Law including Chapter 7, Chapter 11, Chapter 12, and Chapter 13.