What Is a Reaffirmation Agreement in Bankruptcy?
What Is a Reaffirmation Agreement in Bankruptcy? When you file for Chapter 7 bankruptcy, most of your debts can be wiped out, giving you a fresh start. But certain debts—like car loans or mortgages—are tied to property you want to keep. That’s where a reaffirmation agreement comes in. Defining a Reaffirmation Agreement A reaffirmation agreement […]