What options exist with regards to secured property in a chapter 7 case?
What options exist with regards to secured property in a chapter 7 case?
January8
Reaffirm the obligation with the secured creditor (both the debtor and creditor must agree to the reaffirmation). Surrender the collateral. Retain and keep current with creditor (a secured creditor with personal property for collateral may still be permitted to repossess…