Hello all, I'm about 3 weeks out from a hopeful DC. I signed a reaffirmation on 2 cars and letting 1 go.
The more and more I think, maybe it would be best to let 1 of the cars go. So instead of having 2 cars in my name I just have 1 and by wife has hers. Wife isn't included in BK.
I haven't asked by attorney yet as I don't want to get too ahead of myself. So asking the forum.
Have I already shot myself in the foot by reaffirming the loan? Will the Trustee ask a ton of questions why, or even care? Will this be a red flag as I'm so close to the end?
Thanks all!
Yes. You can cancel (or “rescind”) your reaffirmation agreement, even if a judge has already approved it. But there is a time limit either from the date of agreement or discharge date. So get your attorney to file for you if it's not over the time limit.