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Get B2400a (form 2400a) (12/15) - Azb Uscourts
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How to fill out the B2400A (Form 2400A) (12/15) - Azb Uscourts online
Filling out the B2400A (Form 2400A) is an important process in reaffirming a debt after bankruptcy. This guide provides clear, step-by-step instructions to help you navigate each section of the form effectively and confidently.
Follow the steps to accurately complete your B2400A form online.
- Click the ‘Get Form’ button to access the B2400A form and open it in your preferred editor.
- Identify whether you select 'Presumption of Undue Hardship' or 'No Presumption of Undue Hardship' at the top of the form. Refer to the debtor’s statement in Part II to help clarify your choice.
- Fill in the 'In re' section with your name and case number. Include the chapter of bankruptcy applicable to your case.
- In the 'Reaffirmation Agreement' section, state the name of the creditor and check the box if it is a credit union.
- Provide a brief description of the original agreement you are reaffirming, like an auto loan.
- Indicate the 'Amount Reaffirmed,' which should encompass unpaid principal, interest, and any fees up to the date of signing.
- Clarify the 'Annual Percentage Rate' applicable to the Amount Reaffirmed and check whether it is a fixed or variable rate.
- Outline the repayment terms, detailing monthly payments, duration, or other conditions.
- Describe the collateral securing the debt and its current market value.
- Answer if the debt arose from the purchase of the described collateral. If applicable, detail both the purchase price and original loan amount.
- Summarize the changes in credit terms as a result of the reaffirmation agreement, comparing pre- and post-reaffirmation details.
- Complete the 'Debtor’s Statement in Support of Reaffirmation Agreement,' indicating whether you had legal representation and if the creditor is a credit union.
- Finalize the form with signatures dated appropriately. If there is a joint debtor, ensure both parties sign.
- After completion, save your changes in the editor, and proceed to download or print the form for submission.
Complete your reaffirmation document online today to ensure accurate processing.
To reaffirm a car loan, you must be able to show the court that the vehicle is necessary and that the payment is reasonable. You must also demonstrate that the car payment isn't an undue hardship on your household and that you'd be able to afford the necessities of life.
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