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Reaffirmation Agreements
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What is a reaffirmation agreement?
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A
An agreement between a debtor and a creditor to reaffirm a debt that was discharged in bankruptcy.
💡 Explanation:
A reaffirmation agreement is a legal contract that allows a debtor to reaffirm a debt that was discharged in bankruptcy. This means that the debtor agrees to pay the debt even though it was discharged in bankruptcy.