Vermont Reaffirmation Agreement

State:
Vermont
Control #:
VT-SKU-0151
Format:
PDF
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Description

Reaffirmation Agreement A Vermont Reaffirmation Agreement is a legal document used to reaffirm the validity of a debt that is currently in bankruptcy proceedings. It is an agreement between a debtor and a creditor, typically arranged by the debtor’s attorney, that states the debtor will continue to make payments to the creditor despite the bankruptcy filing. With this agreement, the debtor is able to maintain the debt and avoid it being discharged. There are two types of Vermont Reaffirmation Agreements: voluntary and court-ordered. A voluntary agreement is when the debtor and creditor mutually agree to the terms of the agreement. Court-ordered agreements occur when the court requires the debtor to enter into the agreement.

A Vermont Reaffirmation Agreement is a legal document used to reaffirm the validity of a debt that is currently in bankruptcy proceedings. It is an agreement between a debtor and a creditor, typically arranged by the debtor’s attorney, that states the debtor will continue to make payments to the creditor despite the bankruptcy filing. With this agreement, the debtor is able to maintain the debt and avoid it being discharged. There are two types of Vermont Reaffirmation Agreements: voluntary and court-ordered. A voluntary agreement is when the debtor and creditor mutually agree to the terms of the agreement. Court-ordered agreements occur when the court requires the debtor to enter into the agreement.

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Vermont Reaffirmation Agreement