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UNITED STATES BANKRUPTCY COURT FOR THE WESTERN DISTRICT OF VIRGINIA ___ DIVISIONIn re:CASE NO. Debtor(s) CHAPTERSUMMARY OF REAFFIRMATION AGREEMENT AND DECLARATION I, the undersigned counsel for the
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How to fill out reaffirmation agreement for cases
How to fill out reaffirmation agreement for cases
01
Obtain the reaffirmation agreement form from your lender or bankruptcy court.
02
Fill out your personal information including your name, address, and account number.
03
Write down the specific terms of the agreement including the amount you will repay, the interest rate, and the repayment schedule.
04
Sign the agreement and have it signed by a representative of the lender.
05
File the reaffirmation agreement with the bankruptcy court before the deadline.
Who needs reaffirmation agreement for cases?
01
Individuals who have filed for bankruptcy and want to keep certain assets secured by a loan.
02
Lenders who want assurance that the borrower will continue to repay the debt even after bankruptcy proceedings.
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What is reaffirmation agreement for cases?
A reaffirmation agreement for cases is a contract between a debtor and a creditor in a bankruptcy case where the debtor agrees to continue to be liable for a specific debt even after the bankruptcy discharge.
Who is required to file reaffirmation agreement for cases?
Debtors who wish to keep certain assets secured by a debt, such as a car loan or a mortgage, are required to file a reaffirmation agreement in bankruptcy cases.
How to fill out reaffirmation agreement for cases?
To fill out a reaffirmation agreement for cases, debtors must include details of the debt, their income and expenses, and sign the agreement in front of a bankruptcy court official.
What is the purpose of reaffirmation agreement for cases?
The purpose of a reaffirmation agreement for cases is to allow debtors to keep certain secured assets by agreeing to continue being liable for the debt associated with those assets.
What information must be reported on reaffirmation agreement for cases?
A reaffirmation agreement for cases must include details of the debt being reaffirmed, the debtor's income and expenses, and any other relevant financial information.
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