Pflugerville, TX Bankruptcy Law Firms & Lawyers

First of all, you need to consult with your attorney about this matter. If you reaffirmed the debt, yes they can go after you for a deficiency judgment. If you are unable to pay, and the car is repossessed, and the bank gets a lifting of the automatic stay, and they get a deficiency judment against you, it will be good for 20 years if they record it properly. You see there are many things that your attorney can help you with, on this one issue.

Most banks in our area will not consider a mortgage application until two years have elapsed since the discharge in the case. You can get around that if you have a nice deposit to put down to create equity in the home, but that is usually the only exception.

I don't see a question here, and there isn't enough information to answer what I think you're asking. What is your relationship to this case?  Are you the debtor?  Are you a creditor?  Are you representing the debtor, or a creditor?   Different answers for different relationships.  If you're a creditor, it's likely in your best interest to report the bankruptcy fraud, but I don't see how you have any legal obligation to do so. Mark Markus has been practicing exclusively bankruptcy law in California since 1991.  He is a Certified Specialist in Bankruptcy Law by the State Bar of California Board of Legal Specialization,  AV-Rated by martindale.com, and A+ rated by the Better Business Bureau.