Re: 341 was a breeze!

It means you're essentially signing a new contract to keep that debt. We
want to keep our vehicles so we're reaffirming them...promising to make
payments and those debts will not be discharged with the bankruptcy. We
will still owe them. Here's a few websites to check out that were very i
nformative for me:




30EA15CE





Hope some of those are helpful!

P.
Nina Melino wrote:
what does it meant to reaffirm??

Nina


>From: Paula
>Reply-To:
>To: Bankruptcy Talk
>Subject: 341 was a breeze!
>Date: Fri, 12 Dec 2003 21:14:27 -0800 (PST)
>
>Our time was set for 8:30 a.m. and we were the first for our attorney. I
t
>was a little depressing to see SOOO many people there in the same boat a
s
>us. They swore us in, asked if we had read our paperwork, asked why we
>were filing, asked if there was any chance we'd get an inheritance or tr
ust
>fund (I actually laughed and said "I wish" and then caught myself and sa
id
>"no, sir".) He said that he found us to be a no asset case and would
>recommend us for discharge. We found out that our case would be discharg
ed
>February 10th, 2004.
> When it was over (literally three minutes from start to finish- my son
>didn't make a sound the entire time), one creditor handed our attorney a

>reaffirmation agreement. We didn't even know any creditors had shown up
>but it was Chase Automotive Finance for my husband's truck. We're
>reaffirming both vehicles and that's it.
> Oh, a small lesson learned here that maybe I can pass on to you. Clear
>back in June when we originally did our paperwork for our attorney, we'd

>marked that we wanted to reaffirm the furniture, the computer, etc. That

>was before I'd learned so much from the internet! Now we just want all t
he
>debt gone...we'll put our bed on the floor if we have to but we're not
>reaffirming any furniture. Anyway since we decided to only reaffirm the
>vehicles, our attorney had to amend our paperwork to reflect those
>changes....and she's charging us $150 to do it! The moral of the story i
s
>to be very sure of your decisions before anything is permanent. On the
>bright side, $150 is cheaper than all the payments on those debts so if
we
>have to pay an additional $150 to be rid of them, so be it.
> Oh, check this out...on our way out the door there was an attorney
>yelling on his cell phone at a client who couldn't come to his 341 meeti
ng
>because -get this- they decided to go out of town to a family reunion
>instead! So the attorney is trying to explain to them, as calmly as he c
an
>muster, that if they don't come to the next one their case will be
>dismissed. I got a chuckle out of that one. Pay all that money to an
>attorney and then decide to skip it for a family reunion. Me? I'd go to
>any kind of bankruptcy meeting over a reunion with my family ANY DAY!!!
>Alright, it's late, I'm rambling so good night! And thanks for all the
>good luck wishes!
>
>
>
>
>P.
>
>
>"When you get into a tight place and everything goes against you, till i
t
>seems as though you could not hang on a minute longer, never give up the
n,
>for that is just the place and time that the tide will turn." Harriet
>Beecher Stowe
>
>