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 can sue or repossess if the debtor doesn’t pay
English
Etymology
re- + affirm
Pronunciation
- IPA(key): /ɹiːəˈfɜː(ɹ)m/
Verb
reaffirm (third-person singular simple present
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