A reaffirmation agreement allows you to retain a specific asset (commonly a house or car) during bankruptcy in exchange for agreeing to pay the outstanding debt. If you would like to request a ...

In Venture Bank v. Lapides, 800 F.3d 442 (8th Cir. 2015), the Eighth Circuit found that a bank could not recover from its borrower and, in fact, had violated the post-discharge injunction by relying ...

Filing a reaffirmation agreement in a chapter 7 bankruptcy proceeding is a commonplace occurrence for many attorneys. However, the reaffirmation process is fraught with nuances and traps for the ...

When going through bankruptcy, signing a reaffirmation agreement can help you retain certain assets when you commit to paying off the debt. In most cases, people sign these agreements to protect their ...

Over 360,000 American filed for Chapter 7 bankruptcy in 2020. In Chapter 7 bankruptcy, a court-appointed trustee sells any assets that don’t fall under your state’s bankruptcy exemption laws, and the ...