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Reaffirmation
(redirected from reaffirm)

   Also found in: Dictionary/thesaurus, Legal 0.01 sec.
Reaffirmation
An agreement in which a borrower agrees to continue to be obliged to repay a debt, even if it otherwise would be discharged in bankruptcy. The reaffirmation must be signed before the debt is discharged. It is often used if a debtor wishes to maintain ownership of an asset, such as a car, that secures the reaffirmed debt.


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