How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Terry L. Your Own Question
Terry L.
Terry L., Attorney
Category: Bankruptcy Law
Satisfied Customers: 2900
Experience:  Better Business Bureau. 18yrs bankruptcy experience. Chicago Bar Assoc. American Bankruptcy Institute member.
15345323
Type Your Bankruptcy Law Question Here...
Terry L. is online now
A new question is answered every 9 seconds

I Just had a 341 creditors meeting and planned to reaffirm

Customer Question

I Just had a 341 creditors meeting and planned to reaffirm the debt for my vehicle bringing the loan current next week. Can the lender repossess if I have an intent to reaffirm
Submitted: 4 years ago.
Category: Bankruptcy Law
Expert:  Terry L. replied 4 years ago.
Terry L. :

Hi, thanks for your question. You should hire a lawyer for specific legal advice. No attorney client relationship is created here.

Terry L. :

The lender would have to bring a motion to modify the automatic stay (your protection from creditors) first, so you should be ok if you can catch up next week

Terry L. :

The lender will send out the reaffirmation (some wait until you are current).

Terry L. :

Have your lawyer request one if the lender hasn't sent one yet

Terry L. :

any questions?

Terry L. :

Are you there?

Terry L. :

Let me know if you have any questions. Thanks

Terry L. :

Terry