In a disappointing decision dated September 15, 2009, the Ninth Circuit Court of Appeals issued its ruling in Doan Law Firm’s Dumont appeal.   This split 2 to 1 decision established new law in the Ninth Circuit.  Essentially, it overturned the long established “Ride Thru” options for debtors that wanted to keep their vehicles in bankruptcy without signing reaffirmation agreements. Dumont now holds that the general “Ride Thru” option is no longer available due to the BAPCPA amendments to the Bankruptcy Code in 2005.  But there is good news! Dumont  also appears to have created alternative pseudo “Ride Thru” options as long as reaffirmation agreements are involved.  Thus this firm strongly recommends exploring reaffirmation agreements in every

Often times, client are unaware that their car is secured not only by the vehicle debt, but also credit cards and other personal loans.  This is very frequent with credit unions.  Stay tuned, more on this blog to be published soon! Written by Michael G. Doan– Owner of the Carlsbad Bankruptcy Office, Michael not only manages his business, but is also a highly skilled Bankruptcy Attorney with over 17 years of experience.  Michael is currently concentrating his practice solely in Bankruptcy Law and is a Board Certified Specialist in Consumer Bankruptcy Law by the American Board of Certification, one of only fourteen