What Is a Reaffirmation Agreement in Bankruptcy?
Sawin & Shea
AUGUST 9, 2022
With a Chapter 13 bankruptcy, the debtor agrees to a payment plan to pay off their debt, which means they don’t have to surrender their property as collateral. However, not everyone can afford the payment plan, and thus many choose a Chapter 7 bankruptcy, which can more easily wipe out their debt.
98 
Let's personalize your content