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Reaffirmation |
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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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No references found | Summary: Reaffirming interest in the currency futures, Dubai Gold & Commodities Exchange (DGCX) recorded the highest daily volume ever on August 7 for all currency futures at 7,655 contracts, valued at US $583. GAO-08-94 December 7, 2007 The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (referred to hereafter as the Reform Act) included provisions to better inform individuals who file for personal bankruptcy about their options for reaffirming debt--whereby filers may voluntarily agree to pay certain creditors in an effort to retain assets, such as an automobile. Reaffirming his personal commitment to the "road map" to a lasting settlement between Israel and the PA, Bush says: "A new regime in Iraq would serve as a dramatic and inspiring example of freedom to other nations of the region". |
reaffirming |
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