Can my credit union demand my vehicle back if we want to re-affirm our car loan?
Question Details:
My personal loan ($8,700 left) and car loan ($4,200 left) are both through my credit union. The personal loan will be included in the personal loan but we want to keep the car loan and reaffirm our debt to it. Can the credit union take our van (it will be paid off in 9 months)?
Mark J. Markus / Mark J. Markus, Law Offices Of
Answered 1 year ago
This attorney is licensed in California
View Attorney Profile
If you reaffirm your car loan and make the payments required, they cannot repossess the vehicle.
Mark J. Markus, Attorney at Law
Handling exclusively bankruptcy law cases in California since 1991.
http://www.bklaw.com/
bankruptcy blog: http://bklaw.com/bankruptcy-blog/
Follow Me on Twitter: @bklawr
