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AV Preeminent Peer Rated Attorneys
Lighthouse Point Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Lighthouse Point Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).
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Commonly Asked Bankruptcy Questions From Users Near You

This information is not legal advice and is not guaranteed to be correct, complete or up-to-date. It is provided for general informational purposes only. If you need legal advice you should consult a licensed attorney in your area.

What rights do we have to prevent the credit card company from tying the credit card balance to the car loan?

Jeffrey David Solomon
Answered by attorney Jeffrey David Solomon (Unclaimed Profile)
Bankruptcy lawyer at Law Office of Jeffrey Solomon
You should look at the reaffirmation agreement carefully that you filed with the court. However, the problem is that it is common practice that credit union loan agreements have cross-collateral agreements, meaning essentially that all loans are secured by all other loans. This is a major reason that reaffirmation agreements are dangerous as to credit unions unless you are careful as to what is being reaffirmed and the amount in the reaffirmation agreement. But even if you had not reaffirmed, due to the cross collateral agreement, the credit union could still pick up the car for not paying the credit card.
You should look at the reaffirmation agreement carefully that you filed with the court. However, the problem is that it is common practice that credit union loan agreements have cross-collateral agreements, meaning essentially that all loans are secured by all other loans. This is a major reason that reaffirmation agreements are dangerous as to credit unions unless you are careful as to what is being reaffirmed and the amount in the reaffirmation agreement. But even if you had not reaffirmed, due to the cross collateral agreement, the credit union could still pick up the car for not paying the credit card.
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How can I reaffirm my loan?

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Answered by attorney Robert Jason De Groot (Unclaimed Profile)
Bankruptcy lawyer at R. Jason de Groot, P.A.
At this stage you would not want to reaffirm, and couldn't. As long as you pay the mortgage, there isn't a valid reason to foreclose.
At this stage you would not want to reaffirm, and couldn't. As long as you pay the mortgage, there isn't a valid reason to foreclose.

I filed bankruptcy in 2006 since then I have so far in debt I was unemployed for 15 months can I file again?

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Answered by attorney Carl C Silver (Unclaimed Profile)
Bankruptcy lawyer at Carl C. Silver Attorney at Law
You can file a chapter 13 bankruptcy and accomplish the same thing as long as you have some form of income. You will not be eligible to file a chapter 7 until 8 years after the date you filed in 2006.
You can file a chapter 13 bankruptcy and accomplish the same thing as long as you have some form of income. You will not be eligible to file a chapter 7 until 8 years after the date you filed in 2006.
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