I want to keep the vehicle I have financed with America Honda Finance. I was told by my attorney that I can lower my payments. What should I do?
I want to keep the vehicle I have financed with America Honda Finance. I was told by my attorney that I can lower my payments. What should I do?
This entry was posted on Thursday, November 26th, 2009 at 7:14 am and is filed under bankruptcy auto loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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What this basically means is if you re affirm the loan, you will continue to pay per the norm even though you have filed for bankruptcy. After the discharge as long as you continue to pay the vehicle loan this will help with re establishing your credit after the bankruptcy filing. As far as lowering the payments, the only one that can do that is America Honda Finance, sometimes with re affirming the loans there’s a few dollar difference, but…usually stays the same. Good Luck!
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