Comments on: my sister in-law filed for bankruptcy but? http://www.bankruptcy-help-resources.com/my-sister-in-law-filed-for-bankruptcy-but/ Quick Answers to Bankruptcy Questions & Understand How Bankruptcy Laws Affect You Thu, 03 Dec 2009 17:06:21 +0000 hourly 1 http://wordpress.org/?v=3.1 By: spifiman1 http://www.bankruptcy-help-resources.com/my-sister-in-law-filed-for-bankruptcy-but/#comment-363 spifiman1 Mon, 01 Jun 2009 14:00:30 +0000 http://www.bankruptcy-help-resources.com/my-sister-in-law-filed-for-bankruptcy-but/#comment-363 The first poster is wrong. When you file for bankruptcy you must include all open accounts you have and then if you want to keep something like a car or home you sign a reaffirmation agreement after you file. Your husband needs to contact the lender and see if they can work with him on this. As far as hurting your husband credit, yes it will because the car will show as "Included in bankruptcy" on his credit. The first poster is wrong.

When you file for bankruptcy you must include all open accounts you have and then if you want to keep something like a car or home you sign a reaffirmation agreement after you file.

Your husband needs to contact the lender and see if they can work with him on this.

As far as hurting your husband credit, yes it will because the car will show as “Included in bankruptcy” on his credit.

]]> By: Dr. Deth http://www.bankruptcy-help-resources.com/my-sister-in-law-filed-for-bankruptcy-but/#comment-362 Dr. Deth Fri, 29 May 2009 13:53:52 +0000 http://www.bankruptcy-help-resources.com/my-sister-in-law-filed-for-bankruptcy-but/#comment-362 Possibly - your husband won't have to turn in the car. You sis-in-law is not making the payments on the car, so she should not even list that on her bankruptcy filing. She's only the "backup". Just make sure you and hubby keep your payments current, so his score improves Possibly – your husband won’t have to turn in the car. You sis-in-law is not making the payments on the car, so she should not even list that on her bankruptcy filing. She’s only the “backup”. Just make sure you and hubby keep your payments current, so his score improves

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