I am about to file for bankruptcy and I have absolutely no other assets besides my car. My ex-husband co-signed for me and I am planning on reaffirming my car loan so that I can keep my car and continue making payments on it. I wanted to know if I file for bankruptcy but reaffirm my car loan will it have any negative affect on my ex-husband's credit? Also I live in Oklahoma.
The only negative impact on his credit report would be any missed payments.
If you don't re-affirm the loan, he becomes liable for the whole loan (but then you can't keep the car).
It seems that car loans have been difficult to get in hand in this econonmy. The web places are good and often more flexible.
My friend recently used http://auto.deal4-you.com