What Is A Reaffirmation Agreement?

Chapter 7 bankruptcy

Although a debt has been discharged, there may be a circumstance in which you want to keep that debt and continue to pay. (Example: a car loan) In order to do so, you must promise to pay the debt and file a reaffirmation agreement with the court.

chapter 13 bankruptcy

A Reaffirmation Agreement does not apply in Chapter 13 Bankruptcy cases.

Navigating Personal Bankruptcy in Central Kentucky

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