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UNITED STATES BANKRUPTCY COURT NORTHERN DISTRICT OF GEORGIA ATLANTA DIVISION In Re:: : : : : :Debtor(s). Case No.: Chapter 7NOTICE OF HEARING ON REAFFIRMATION AGREEMENT The Debtor and have executed
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How to fill out on reaffirmation agreement

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How to fill out on reaffirmation agreement

01
To fill out a reaffirmation agreement, follow these steps:
02
Obtain a copy of the reaffirmation agreement form from your lender or download it from their website.
03
Read the instructions and terms carefully to understand the implications of reaffirming the debt.
04
Fill in your personal information, such as your name, address, and contact details.
05
Provide the details of the debt you wish to reaffirm, including the account number and balance.
06
Review the reaffirmation agreement with your attorney, if necessary, to ensure it is in your best interest.
07
Sign the agreement, acknowledging that you understand the terms and are voluntarily choosing to reaffirm the debt.
08
Submit the completed agreement to your lender, either electronically or by mail, as per their instructions.
09
Keep a copy of the reaffirmation agreement for your records.
10
Please note that filling out a reaffirmation agreement is a serious legal matter, and it is advisable to consult with an attorney for guidance.

Who needs on reaffirmation agreement?

01
A reaffirmation agreement is typically needed by individuals who have filed for bankruptcy but wish to continue paying certain debts and retain the associated property or assets. It is a voluntary agreement between the debtor and the creditor, allowing the debt to survive the bankruptcy discharge. This agreement is often used for secured debts, such as a car loan or a mortgage, where the debtor wants to keep the collateral. However, the decision to enter into a reaffirmation agreement should be made carefully and in consultation with an attorney, as it has long-term financial implications.
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An agreement between a debtor and a creditor where the debtor agrees to continue paying a dischargeable debt after the bankruptcy.
Debtors who wish to keep certain secured property and continue making payments on the debt.
The debtor must complete the reaffirmation agreement form provided by the creditor, and it must be signed by both parties.
To allow debtors to keep certain property that is secured by a debt, such as a car or a house, by continuing to make payments on the debt.
The amount of the debt, the terms of the repayment plan, and any other relevant details about the agreement.
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