Rescinded reaffirmation

[sarge12]

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@empressj wrote:

Good afternoon all,

i recently filed and had 341 meeting. Before the meeting my attorney had us sign the reaffirmation agreement however after the meeting (one week later) we've decided not to reaffirm and to continue to pay timely and hopefully they won't repossess our vehicle. According to the paralegal and in her experience she claims they rarely repossess if you're paying timely as they lose money repossessing and auctioning the car off. 

Im sure once I'm discharged my anxiety will go back up worried about my car when I hear a truck, lol. 

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Think that was a good decision...I know someone who reaffirmed and then had an accident a few months post discharge. The car was totaled, but he was 5,000 dollars upside down on the debt, and wound up with a defecit judgement that would have not been due if he had not reaffirmed.