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11 Jul The Curious Case Of Bankruptcy, The Mortgage Company And Reaffirmation.

Bankruptcy generally discharges or re-organizes a debtor’s obligations. This often includes any mortgage that the debtor owes. In a Chapter 7 bankruptcy, the debts can go away but the liens often remain. The debtor either pays the mortgage or loses the property. In a chapter...
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06 Jun Reaffirmation Agreement: What Happens If My Bankruptcy Lawyer Refuses To Sign It?

Let’s say you file chapter 7 bankruptcy, and you want to keep paying your vehicle loan and thereby keep your vehicle. The bank sends your bankruptcy lawyer a “reaffirmation agreement,” which is apre-printedofficial form issued by the bankruptcy courts. It states that you are continuing...
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