You can reaffirm car debt in the context of your bankruptcy proceedings, just as you may be able to reaffirm other selected debts. A reaffirmation agreement allows you and a creditor to enter into an agreement that you will repay a debt, despite its inclusion in bankruptcy proceedings. In the case of a secured debt, such as a car loan, the added advantage of reaffirmation of the debt is that you can retain the underlying collateral. Therefore, instead of forfeiting the car to the creditor, as would be normal in the context of bankruptcy proceedings, you can retain the car and continue to make the payments on the car loan as agreed. A reaffirmation agreement, then, is beneficial to both the debtor and creditor.