Get Form 427

Form 427, officially known as the Cover Sheet for Reaffirmation Agreement, is a crucial document in the bankruptcy process. This guide will help you understand how to fill out this form online, ensuring that you complete it correctly and efficiently.

Follow the steps to complete Form 427 effectively.

1. Click the ‘Get Form’ button to obtain the form and open it for editing.
2. Begin filling in the identifying information for your case. Input 'Debtor 1' details, including their first name, middle name, and last name. If applicable, enter 'Debtor 2' information as well.
3. Specify the district and United States Bankruptcy Court where the case is filed, along with the case number if known.
4. In Part 1, provide details about the repayment terms of the reaffirmation agreement. Include the name of the creditor, the total amount of debt at the time the bankruptcy case is filed, and the details of payments under the reaffirmation agreement.
5. List the Annual Percentage Rate (APR) of interest before and under the reaffirmation agreement, indicating whether the rates are fixed or adjustable.
6. State whether collateral secures the debt and describe the collateral, including its current market value.
7. Utilize information from Schedules I and J to input income and expenses. Complete each line accurately to reflect your financial situation.
8. If there are discrepancies between income or expense amounts, provide explanations as required in lines 7-9.
9. Certify the explanations by signing in the appropriate section if any answer on lines 7-9 is 'Yes'.
10. Finally, confirm whether an attorney represented you in negotiating the reaffirmation agreement and obtain necessary signatures, including your own and any spouses' if applicable.
11. Once you have completed all sections, save your changes, download a copy, print it for your records, or share it as needed.

Complete your Form 427 online today for a smooth reaffirmation agreement process.