Commonly bankruptcy debtors desire to maintain ownership and payments on their car loans. The creditor in this case may want the debtors to sign a reaffirmation agreement. This reaffirmation agreement is exactly how it sounds (the debtors re-affirm to pay the debt) similar to the original contract and promise to pay, this reaffirmation indicates to the creditor and court that the regular rules around the loan survive and exist despite the bankruptcy. The benefits to the reaffirmation agreement for the debtor is the creditor should resume regular positive reporting of timely payments to the borrowers credit profile. A borrower should discuss with their attorney if the agreement should be signed as the creditor can not compel the signature.