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If you sign the reaffirmation agreement, then the new amount will include that extra $1000. It could be legitmate, of course. Perhaps collection fees? Attorney fees?
But here's a suggestion: Ask the lender what it will do if you continue to make all payments, but refuse to reaffirm the debt. In my experience, most lenders will not repossess the car. Instead, they'll continue taking the payments. Of course, that assumes that you're current on your loan. If you are not, then reaffirming is probably a better idea. In that case, I'd ask the lender for a breakdown of the current balance.
Does that answer your question? Please let me know if you need clarification, as I am happy to continue helping you until you are satisfied.
I don't know that an attorney could get the reaffirmation for you. Not sure what you mean, to be honest.
Bear in mind that you don't have an absolute right to reaffirm the debt. The lender must agree. Also, the judge must agree.
Since you are current, I would ask them if they will repossess if you do not reaffirm. Most lenders do not.
If you can get away without reaffirming, then that is absolutely the best result. Reaffirming a debt is almost never a good idea.
They can only take the car if you breached the contract. If you always paid on time, then that is not an issue. If the bankruptcy itself is a breach of the contract (you should check), but they continue to accept payments afterward, then they will have waived the breach. Thus, they cannot repossess.
Also, from a business perspective, it makes no sense to repossess your car if you are making payments. That would be stupid. They would be throwing away interest payments, and will likely not even be repaid in full if they sell the car. It just makes no sense and is unlikely.
If I were in your shoes, I would not reaffirm unless they indicate that they will definitely repossess even if you keep making timely payments. And even then, I would only reaffirm if I felt like I absolutely had to have that particular car.
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