On the other hand, if there is a reaffirmation agreement signed by the debtors and approved by the Bankruptcy Court, and the borrower /
debtor makes timely payment, the loan will be reported to be in good standing.
Not exact matches
However, keeping the vehicle in the
debtor's possession is better for all, since the
debtor will be able to drive to and from work to keep his / her job and continue
making timely Chapter 13
payments.
Student
debtors do seem to have more difficulty
making timely debt
payments.
By
making timely payments on co-signed credit,
debtors will be able to rebuild their credit rating.
Ability to control outstanding credits by effectively following up with
debtors and encouraging them to
make timely payments.