- affirm once again; "He reaffirmed his faith in the church"
- (reaffirmation) reassertion: renewed affirmation
- To affirm again; To bolster or support
- (Reaffirmation) An agreement in a bankruptcy process to pay back a debt that would otherwise be discharged.
- (50. Reaffirmation (SACS)) To affirm or assert again that a school or college has met all formal official requirements of academic excellence, curriculum, facilities, etc. for regional accreditation.
- (Reaffirmation) Agreement by a debtor to continue payments to a creditor on a dischargeable debt, made for purposes retaining possession of the property which could be subject to repossession.
- (Reaffirmed) A technical report which has been reviewed by the technical committee and determined to be current with no need for immediate revision.
- The debtor can chose to reaffirm debts that would otherwise be discharged by the bankruptcy. Generally, when a debt is reaffirmed, the parties to the reaffirmed debt have the same rights and liabilities that each had prior to the bankruptcy filing: the debtor is obligated to pay and the creditor ...
- Generally refers to an account that had been originally included in a bankruptcy but then is later removed by the consumer from the bankruptcy so that the consumer can continue to use the account and pay as originally agreed upon. ...
- to give your support to a person, plan, idea, etc. for a second time; to strengthen ยืนยันใหม่
- Only applies in Chapter 7, this is the only way you an agreement you sign (that is not a consent judgment) to pay a pre-petition debt (one from BEFORE you filed bankruptcy) can be enforceable against you. ...
- The process where the debtor and creditor enter into an agreement reinstating all the terms of a loan after a bankruptcy has been filed. When this is done, all of the protection of the bankruptcy filing as to that loan is lost. OREGON FRESH START seldom recommends that a debtor reaffirm a debt. ...
- When a debtor reaffirms a debt, he or she is waiving its discharge and agreeing to pay it off instead. This is usually done to preserve assets used as collateral in a secured debt, such as vehicles. ...
- The debtor may elect to reaffirm (repay) a debt that otherwise would have been discharged.