Sentences with phrase «reaffirmation agreements by»

Not exact matches

Reaffirmation — by Metro Richmond Bankruptcy Attorney, Mitchell Goldstein Reaffirmation Agreement — by Cleveland Bankruptcy Attorney, Bill Balena Reaffirmation Agreements — by Omaha / Lincoln, Nebraska Bankruptcy Attorney, Ryan D. Caldwell Reaffirming Your Mortgage — by Allen Park, Michigan Bankruptcy Attorney, Christopher McAvoy Real Estate — by Livonia, Michigan Bankruptcy Attorney, Peter Behrmann Real Party in Interest — by Lakewood, CA Bankruptcy Attorney, Christine A. Wilton Redemption — by New York Bankruptcy Lawyer, Jay S. Fleischman Redemption — by Metro Richmond Bankruptcy Attorney, Mitchell Goldstein Rental vs. Continued Home Ownership — by Philadelphia Suburban Bankruptcy Lawyer, Chris Carr Renting After Bankruptcy — by Los Angeles Bankruptcy Attorney, Mark J. Markus Reorganization — by Northern California Bankruptcy Lawyer, Catherine Eranthe Repossession — by Colorado Springs Bankruptcy Lawyer Bob Doig Repossession — by Kona Bankruptcy Lawyer, Stuart T. Ing Retirement — by Bay Area Bankruptcy Lawyer Cathy Moran

By signing a reaffirmation agreement, you agree to assume the personal liability that your bankruptcy would otherwise discharge.

They will tell you your lawyer messed up by not filing the reaffirmation agreement (that's not true), and that you should reopen the bankruptcy case to have the reaffirmation agreement filed (that won't be allowed in most jurisdictions).

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.

That's the problem with signing reaffirmation agreements: there's a possibility that by doing so, clients will be creating extremely expensive obligations for something that almost every adult needs: a functional car.

If a clients signs a first mortgage reaffirmation agreement and later defaults on the mortgage loan, the lender will still foreclose, but assuming that the lender forecloses by advertisement (and almost all mortgages are foreclosed this way in Minnesota), the debtor need not worry about having to pay a deficiency if the home sells for less than the mortgage balance.

For example, to keep a car the debtor may choose to redeem the debt (pay the secured creditor the value of the collateral in exchange for a release by the creditor of their lien) or reaffirm the debt (sign a reaffirmation agreement and continue to make car payments).

You, therefore, have waived your legal rights for bankruptcy protection by signing off on a reaffirmation agreement.

Reaffirmation agreements do not improve your credit score, are usually always made in favor of the creditors, are not required by law, do not guarantee you will pay for the loan, and the debts covered by them can not be discharged in bankruptcy.

Even though your credit report may not reflect you owe the money, you will still be expected to legally abide by the reaffirmation agreement.

Any default of the reaffirmation agreement will not be covered by your bankruptcy, and the bankruptcy court wants to be sure you know it.

All reaffirmation agreements must be signed by a bankruptcy court representative to be legal and binding if a debtor has filed for bankruptcy.

A reaffirmation agreement is an agreement whereby you're telling the lender and the bankruptcy court that you intend to assume responsibility of the account such as an auto loan or home mortgage by maintaining future payments on the account.