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Bankruptcy

: The Debt Podcast

Reaffirmation Agreements: ?Let Them Eat Steel!? (Part One)

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Reaffirmation agreements are the subject of great debate.  Secured creditors, like auto lenders, want you to sign them if you file Chapter 7 bankruptcy.  Reaffirmation agreements prevent debt from being discharged, and lenders like that.  But because your discharge is the Holy Grail of the bankruptcy process, you need to weigh your options very carefully [...]

Full post as published by The Debt Podcast on February 25, 2010 (boomark / email).

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