North Carolina  |  Bankruptcy

Legal Question

Asked on: 5/10/13, 2:18 pm


I am currently in the military I filed for bankruptcy and my case has been discharged for about 6 months now. I said I wanted to keep my vehicle but I never singed the reaffirmation agreement, and now I want to turn my car in. In order to turn my car in to the lien holder they are telling me that I need to waive my service members relief act, an the statements states the following.

I am aware of the rights I have under the Servicemembers Civil Relief Act (the “Act”).

3. I hereby waive all rights I have under the Act including, but not limited to, my right to require that Wells

Fargo obtain a court order before repossessing my vehicle and voluntarily surrender the above-referenced

vehicle to Wells Fargo.

4. I understand that by voluntarily surrendering the Vehicle, I am transferring all of my right, title and interest

in the Vehicle to Wells Fargo and that Wells Fargo is hereby authorized to execute any and all documents

to effect the disposition of the Vehicle.

5. I understand and agree a voluntary surrender does NOT constitute full satisfaction of the Agreement and

that I am still responsible and liable, to the extent permitted by law, for any deficiency remaining after

disposition of the vehicle and any amount due as a result.

could I turn my vehicle in without singing this.

Didn't find what you were looking for? Ask an Attorney!

Get answers from the top Attorneys
Ask Question

133 Answers given in the last few hours.

8661 Active attorneys ready to answer your question

Search Past Answers:
  Advanced Search