A Motion to Enlarge Time for Filing Reaffirmation Agreements is a formal request submitted to the court by the debtor(s) to extend the deadline for filing reaffirmation agreements beyond the original due date. This motion is used when a debtor needs additional time to negotiate or finalize an agreement with creditors regarding their debts.
To fill out the Motion to Enlarge Time for Filing Reaffirmation Agreements, follow these steps:
This motion includes several essential components:
This form is intended for individuals who have filed for bankruptcy and need additional time to complete their reaffirmation agreements with creditors. It is typically used when the debtor is facing challenges in finalizing these agreements and requires an extension from the court.
When completing the Motion to Enlarge Time for Filing Reaffirmation Agreements, be mindful of the following pitfalls:
If notarization is required for the Motion to Enlarge Time for Filing Reaffirmation Agreements, prepare by having valid identification available. The notary will witness your signature on the document and may ask for additional information to verify your identity.
Utilizing an online resource to complete your Motion to Enlarge Time for Filing Reaffirmation Agreements offers several advantages:
If you reaffirm a debt and then fail to pay it, you owe the debt the same as though there was no bankruptcy. The debt will not be discharged, and the creditor can take action to recover any property on which it has a lien or mortgage. The creditor can also take legal action to recover a judgment against you.
The deadline to cancel a reaffirmation agreement is the later of these two dates: 60 days after the date the agreement is filed with the Court; or ? the date the Bankruptcy Court issues a discharge in your case.
Creditors frequently do not automatically generate reaffirmation agreements. Sometimes creditors may not even file a reaffirmation agreement even after you have signed and returned the agreement to them.
Can you file a reaffirmation agreement after discharge? Once a discharge order has been entered in your bankruptcy case, you can no longer reaffirm any of the debts included in the discharge agreement. The same goes for if your case has been closed by the court.
If the reaffirmation agreement is not filed with the bankruptcy court prior to the discharge date, it may be ineffective and the bankruptcy court can deny approval of the reaffirmation agreement altogether.
An executed reaffirmation agree- ment may be filed by any party, including the debtor or a creditor. It must be filed within 60 days after the first date set for the first meeting of creditors in the bankruptcy case unless the deadline is extended by the bankruptcy court.
Reaffirmation Date: official declaration that a University Policy has been reviewed by the Responsible Executive, with no changes made, and remains in effect ? this date should be noted on the last page of each policy document.