Massachusetts Reaffirmation Agreement

State:
Massachusetts
Control #:
MA-SKU-0147
Format:
PDF
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Description

Reaffirmation Agreement A Massachusetts Reaffirmation Agreement is a legal document that allows a debtor to reaffirm a debt that was previously discharged in a Chapter 7 bankruptcy. This document is signed by both the debtor and the creditor, and it serves to reinstate the debt and any associated obligations and liabilities. The agreement binds the debtor to the previously discharged debt and sets a payment plan for the repayment of that debt. There are two types of Massachusetts Reaffirmation Agreements: voluntary and involuntary. A voluntary reaffirmation agreement is one in which the debtor agrees to the terms of the agreement without any coercion from the creditor. An involuntary reaffirmation agreement is one that is entered into because of creditor pressure or coercion.

A Massachusetts Reaffirmation Agreement is a legal document that allows a debtor to reaffirm a debt that was previously discharged in a Chapter 7 bankruptcy. This document is signed by both the debtor and the creditor, and it serves to reinstate the debt and any associated obligations and liabilities. The agreement binds the debtor to the previously discharged debt and sets a payment plan for the repayment of that debt. There are two types of Massachusetts Reaffirmation Agreements: voluntary and involuntary. A voluntary reaffirmation agreement is one in which the debtor agrees to the terms of the agreement without any coercion from the creditor. An involuntary reaffirmation agreement is one that is entered into because of creditor pressure or coercion.

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Massachusetts Agreement