bankruptcy and auto loan

This is a discussion on bankruptcy and auto loan within the Consumer Bankruptcy forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; If I file a chapter 7 bankruptcy can I exclude my auto loan and continue to pay my payment. Can ...

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Old May 24th, 2009, 03:13 PM   #1
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Default bankruptcy and auto loan

If I file a chapter 7 bankruptcy can I exclude my auto loan and continue to pay my payment.
Can they jack up my payment for filing bankruptcy. thanks
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Old May 25th, 2009, 09:43 AM   #2
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Default Re: bankruptcy and auto loan

You can reaffirm your loan in the bankruptcy and continue paying, yes.

Some loan agreements do allow for a higher payment if you declare bankruptcy but most will let you continue as is if you are going to keep paying in a timely way.
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