by Mark J. Markus | Jun 27, 2016 | Bankruptcy Law, Credit Scores/Credit Repair, debts in bankruptcy, reaffirmations
You file a bankruptcy case and receive your discharge of debts. You are keeping your house and cars and continue making the payments on time. You assume this will help you rebuild your credit. But none of those payments shows up on your credit report. Why not? The...
by JayFleischman | Oct 13, 2011 | chapter 7, reaffirmations
Make Sure Your Reaffirmation Agreement Contains Terms You Want You filed for Chapter 7 bankruptcy and had a balance due to the lender. Faced with what seemed to be certain repossession, you agreed to sign a reaffirmation agreement. All set, right? Not necessarily....
by Mark J. Markus | Nov 16, 2008 | Bankruptcy Law, reaffirmations
Much has been written already about reaffirmation agreements and this blog will not cover any new ground, but will provide a quick explanation for potential bankruptcy clients. Reaffirming a Debt Creates a New Obligation to Repay A reaffirmation agreement is a...
by Mark J. Markus | Jul 2, 2008 | chapter 11, chapter 13, chapter 7, debts in bankruptcy, General Issues, reaffirmations
Whether you can discharge (bankrupt) specific debts and keep others is a question that over the years I get asked repeatedly. Actually, strangely enough, clients don’t ask it as a question. They state it as if it were completely possible. “I want to get...