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REAFFIRMATION AGREEMENT OMB No. 18450133 Form Approved Exp. Date 6/30/2018William D. Ford Federal Direct Loan (Direct Loan) Program Federal Family Education Loan (FEEL) Program REA WARNING: Any person

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How to fill out reaffirmation agreement form

01

Step 1: Obtain a reaffirmation agreement form from the appropriate source, such as your lender or bankruptcy court.

02

Step 2: Review the form thoroughly to understand the terms and conditions.

03

Step 3: Gather all the necessary financial information, including your current income and expenses.

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Step 4: Fill in your personal details, such as name, address, and contact information.

05

Step 5: Provide information about the debt you wish to reaffirm, including the creditor's name and account number.

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Step 6: Review the reaffirmation agreement carefully, ensuring that you understand the obligations and consequences.

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Step 7: Sign the agreement, along with any required witness or notary signatures.

08

Step 8: Submit the completed reaffirmation agreement to the appropriate party, such as your lender or bankruptcy court.

09

Step 9: Keep a copy of the signed reaffirmation agreement for your records.

10

Step 10: Follow any additional instructions or requirements provided by your lender or bankruptcy court.

Who needs reaffirmation agreement form?

01

Anyone who has filed for bankruptcy and wishes to keep certain secured debts, such as a car loan or mortgage, may need a reaffirmation agreement form.

02

It is especially relevant for individuals who want to continue making payments on these debts and maintain ownership of the collateral.

03

However, it is important to consult with a bankruptcy attorney or financial advisor to determine if signing a reaffirmation agreement is in your best interest.

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What is reaffirmation agreement form?

A reaffirmation agreement form is a legal document that allows a debtor to continue paying a debt that could have otherwise been discharged in bankruptcy.

Who is required to file reaffirmation agreement form?

Debtors who wish to continue paying a debt that could have otherwise been discharged in bankruptcy are required to file a reaffirmation agreement form.

How to fill out reaffirmation agreement form?

To fill out a reaffirmation agreement form, the debtor must provide information about the debt, their financial situation, and their ability to continue making payments.

What is the purpose of reaffirmation agreement form?

The purpose of a reaffirmation agreement form is to allow debtors to keep certain assets, such as a car or house, by continuing to pay off a debt that could have otherwise been discharged in bankruptcy.

What information must be reported on reaffirmation agreement form?

The reaffirmation agreement form must include information about the debt, the debtor's financial situation, and their ability to continue making payments.

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