reˇafˇfirˇmaˇtion
reˇafˇfirˇmaˇtion/ˌrēafərˈmāSH(ə)n/
noun
a reassertion or confirmation of a fact or belief.
"a reaffirmation of the conventional values of marriage and family"
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The meaning of REAFFIRMATION is a second or subsequent affirmation : the act of reaffirming something or the condition of being reaffirmed.
A reaffirmation is an agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy.
Reaffirmation is an agreement made by a debtor to repay some or all of a debt while going through bankruptcy.
Agreeing to repay the excess loan amount in accordance with the terms of the promissory note is called “reaffirmation.” You can reaffirm an excess loan amount ...
A reaffirmation agreement is an agreement between a chapter 7 debtor and a creditor that the debtor will pay all or a portion of the money owed, ...
The Amount Reaffirmed is the entire amount that you are agreeing to pay. This may include unpaid principal, interest, and fees and costs (if any) arising on ...
Agreeing to repay the excess loan amount in accordance with the terms of the promissory note is called “reaffirmation.” You can reaffirm an excess loan amount ...
A reaffirmation agreement allows you keep any recently purchased property if you can keep up with the payments, essentially "reaffirming" in a contract that you ...
If a debtor signs a reaffirmation agreement, the debtor agrees to pay a debt that otherwise might be discharged in his or her bankruptcy case. There may be ...
Reaffirmation Agreements - Jellum Law
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A reaffirmation agreement creates a new contract between the creditor and the borrower. Typically, a reaffirmation agreement is used for secured debt.