Get Official Form 427

The Official Form 427 is essential for those participating in a reaffirmation agreement during bankruptcy. This guide provides comprehensive instructions on completing the form accurately online, ensuring you understand each section and its requirements.

Follow the steps to fill out the Official Form 427 online effectively.

1. Press the ‘Get Form’ button to access the official form and open it in your editor.
2. Begin by filling in the debtor information. You will need to provide the first name, middle name, and last name for Debtor 1. If applicable, enter the same details for Debtor 2 (spouse) below Debtor 1's information.
3. Indicate the court information by selecting the appropriate district for the United States Bankruptcy Court. Fill in the case number if you have it at this time.
4. In Part 1, explain the repayment terms of the reaffirmation agreement. Start by providing the name of the creditor and the amount of debt, along with the terms of repayment under the agreement.
5. Next, specify the Annual Percentage Rate (APR) of interest and state if collateral secures the debt. Indicate whether the creditor believes the debt is nondischargeable and describe the collateral.
6. Provide financial information. Using data from Schedules I and J, fill in details regarding combined monthly income, monthly expenses, and reaffirmed debts.
7. Address questions about differences in income and expenses. If applicable, provide explanations for each discrepancy.
8. Complete the certification about lines 7-9 by verifying the accuracy of explanations provided. Ensure that you, the debtor, sign in the designated area.
9. Indicate if an attorney represented you during the reaffirmation agreement negotiations, and have them sign to certify the form.
10. Once you have filled out the form completely, save your changes. You can print, download, or share the completed form as needed.

Start filling out your documents online today to ensure timely and accurate filing.