The reaffirmation agreement is nothing new in bankruptcy law. It is basically an agreement that you will continue to pay on a debt, even though you have been discharged in bankruptcy. The debt normally addressed by a reaffirmation agreement is a secured debt. I have only done one for an unsecured creditor, but we later…
Have you been wondering if you can keep your car in Ohio and file bankruptcy? In a chapter 13 case it is not an issue. When you file bankruptcy the real question is, “do you even want to keep it?” In a previous post I addressed the reasons you might not want to keep your…
Reaffirmation Agreement in Bankruptcy A reaffirmation agreement might be proposed by a creditor after you file for bankruptcy. At your meeting of creditors your case trustee might tell you that a reaffirmation agreement is never required and you should confer with your bankruptcy attorney to decide if it is best for you. What is a…