I am currently going through a Chapter 7 and I was told not to sign a reaffirmation agreement since my car is leased. A reaffirmation agreement puts you in another contract with your car loan. They are now suppose to report your payments to the credit agencies, but if you do not keep your payments current, they can come take the car from you but you have no obligation after that. It all depends on what kind of loan that you have if the reaffirmation agreement is worth signing!