I will try & keep this as brief as possible!! I filed CH7 & it was discharged 1/03. I reaffirmed on my car lease without a problem. I was 2nd borrower on a car lease with my boyfriend for his vehicle through Ford Credit. Ford refused a reaff, saying they do not offer those on leases. They said we were excellent clients & as long as we continued to pay, no problems. They also said they would not redo the account to remove my name. I asked how they would report this against him.. they said included in bankruptcy. We both fought with them on this, how could they report against him if he did not file & was continuing payments. My understanding was if you reaff'd then it would report as such but they were refusing an official reaff so they were not even giving us that option. After much harassment with them, they said they would report 2nd borrower bankrupt. We waited about 2 mo & credit report still said -included in bankruptcy. We disputed with CRA & sent a complaint letter to Ford Credit CEO. The response from Ford to us wasthat they told us on several occasions that they would report 2nd borrower bankrupt-primary not bankrupt & that would be done. I have this in writing. The CRA came back saying they confirmed with Ford, that the reporting was correct as saying"included in bankruptcy" & that nothing would be changed, except Ford asked for the notation of in included in chapter 7 to also be placed there.. so now there are two things wrong! The CRA is re running the dispute, we are awaiting results from that. My question is, should I even be playing this game anymore. Is it time for legal action? He has been denied for 2 credit cards & a car loan (without me) because of this. The car place accused us of attempting to unload a repo vehicle since it was reported this way on the credit bureau. I know recently the credit bureaus were involved in class action to not report these items but at this point, we just want someone to do something!! We have had nothing but headaches in dealing with FORD & they obviously aren;t willing to rectify this even though I have in writing from the exeutive asst to the CEO, that they would change this. Also, can they legally report against him at all? THey have removed the balance & the payment history from this, so for anyone looking at that, it does look like we gave up this vehicle with the ch 7. Sorry to make this so lengthy but I just really wanted to put as much in this as I could.. Any help would be much appreciated!!!! THanks
You might do a google search, or a search on here. There has been some talk about the Big 3 removing the included in BK notation from the joint acct hldr when they did not file BK, only one person did. Last I heard it was pretty close to settlement.
Actually, the proposed settlement applies to co-signers. The poster needs to define what exactly they mean by 2nd borrower.
We are joint on this --he is 1st , I am 2nd. But we are joint.. I realize the settlement states for cosigners & we are not co-signers.. but if we have Ford in writing telling us they will report one way & then they are refusing to do so.. that is the problem. Also, I just pulled my credit report. Ford does not report negatively against me at all.. no notation of bankruptcy & says account is current & paid as agreed.. they are only reporting against my boyfriend(1st borrower) as included in bankruptcy. thanks !
