Robert
Irvine,#2Consumer Comment
Thu, April 17, 2008
There does not appear to be a RipOff here, but there are some things you need to check. When you declare bankruptcy you include all of your debts. It is up to you if you continue to pay on the secured assets(Car) or turn them in. The fact that it was included in the BK does not change. As such there are certain guidelines for what must be reported on your credit report. There are two possible valid status on your credit report for this loan. "Included in Bankruptcy-Reaffirmed" If you actually signed a reaffirmation agreement then the status would be changed to this(or something similar). "Included in Bankruptcy" If you did not actually sign the agreement but still kept paying the loan will show as this. It would actually not matter if you kept the car or turned it in this status would be the same without a signed agreement. So the only valid dispute you would have is if your credit report does not show the correct status for the case if you did or did not sign the agreement. This is not for just this bank but for any secured loan you would have had at any bank.