@prairierider wrote:
Thank you for the reply!
So my lawyer said that while they technically if I don't sign a reaffirmation they can take the bike back if they want to, however like you pointed out she said it's highly unlikely as long as I remain current on payments. She said they would much rather have my money than have to go through the process of repoing the bike and auctioning it off.
I just love my Dyna so much and she's clean so I don't pull hate to lose her 😭😭😭. I've never missed a payment and will be done paying her off in about a year and a half once I can accelerate payments on the loan after I free up some disposable income from medical debt during bankruptcy.
Really the only reason I'm filing bankruptcy is because of medical debt. Sucks, but it is what it is.
Yeah, I hear you. I suppose the repo laws might be different where you are.
My lawyer said I could have kept making payments on my car if I wanted to and it wouldn't have even been legal for them to take it if I was current.
Medical debt is unlike any other debt. One minute everything is fine, the next minute you have bills rolling in every minute and they can be for literally any amount.
I'm so glad that after years of battling hospitals that I'm insured and that Illinois just passed laws requiring the hospital to work to get you charity care or payment plans, limited the amount hospitals could take in a single year, and banned medical debt on credit reports.
That's a realization of how it can't be prevented and how much it messes up people's lives.
We should all pay if we can, but doing it like they do in most states where they can take whatever's not nailed down is awful.
FICO 9 doesn't score medical debt as severely anymore, but no FICO model can score it at all if it's not allowed on your credit report. I like our laws better.
I have an Illinois hospital that calls me about a bill sometimes. They misdiagnosed my arm and it almost led to the wrong surgery.
I didn't pay it. It's not on my credit report. They're not going to tell me they can't put it there. They want money. Lol
I paid the hospital in Wisconsin that did the surgery and did it right.
