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Should You Reaffirm Your Car Loan in Bankruptcy?

Illustration of a person choosing between 'Reaffirmation' with a contract and chains, symbolizing financial risk, and 'Retain and Pay,' showing a free car, representing flexibility in bankruptcy.

Should You Reaffirm Your Car Loan in Bankruptcy? Why Retain and Pay Is a Better Option Many People Regret Reaffirming—Here’s Why You Should Think Twice Many people believe they must reaffirm their car loan after bankruptcy to keep their car. That’s simply not true. One of the biggest concerns people have in bankruptcy is keeping […]