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Bankruptcy

: The Debt Podcast

Do Not Reaffirm Your Car In Massachusetts If Current

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You may get a letter from your car lender, forcefully stating that you must reaffirm your car loan under the Bankruptcy Code.  This simply is not true in Massachusetts. Massachusetts law says that a car cannot be repossessed if you are current on your payments, including insurance.  Bankruptcy law says that there is no bankruptcy protection [...]

Full post as published by The Debt Podcast on January 26, 2010 (boomark / email).

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