Jump to content

Reaffirmed auto loan still reporting as "included in bankruptcy"


Recommended Posts


My bankruptcy was discharged in NOV 2011. I reaffirmed my auto loan, which I thought was the best thing to do at that time. Although I have continued to make payments ON TIME, the lender still reports to credit bureau as "included in bankruptcy", with a ZERO balance. Because I am trying to rebuild credit, I purchased a new car. I did not trade in the existing car because I was upside down which would have added more costs to my new loan. I no longer need the "old" car. I have thought about doing a Voluntary Repossession. If the lender has already reported as "included in bankruptcy", can they legally change that reporting status if I do a Voluntary Repossession? My credit score is improving and I do not want to do anything to negatively impact that, however I need to get rid of the "old" car.

Please help!

Link to comment
Share on other sites

This topic is now closed to further replies.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.