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Category Archives: Secured Debt

Reaffirmation Agreements in Chapter 7 Bankruptcy

By Lynette Silon-Laguna |

In a Chapter 7 bankruptcy, you will either retain or surrender your secured property. You will probably have to sign a reaffirmation agreement if you are going to keep your property, for example, your vehicle and your home. The reaffirmation agreement basically will reaffirm the amount remaining on the loan, interest rate and the… Read More »

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