Louisiana Reaffirmation Agreement (B240) Cases Filed Prior to 10/17/2005 are a type of legal document used in Louisiana to reaffirm a debt obligation. This type of agreement allows a debtor to voluntarily agree to pay a debt in full, or in part, even after filing for bankruptcy. The agreement is filed in the local court and is enforceable by the creditor if the conditions of the agreement are not met by the debtor. The types of Louisiana Reaffirmation Agreement (B240) Cases Filed Prior to 10/17/2005 include: * Reaffirmation of Personal Property Debt: This type of agreement allows a debtor to agree to pay back secured debts such as a car loan, furniture loan, or other personal property debts. * Reaffirmation of Home Mortgage Debt: This type of agreement allows a debtor to agree to pay back a home mortgage debt even after filing for bankruptcy. * Reaffirmation of Credit Card Debt: This type of agreement allows a debtor to agree to pay back a credit card debt even after filing for bankruptcy. * Reaffirmation of Other Unsecured Debts: This type of agreement allows a debtor to agree to pay back other unsecured debts such as medical bills, utility bills, and other unsecured debts.
Louisiana Reaffirmation Agreement (B240) Cases Filed Prior to 10/17/2005
Description
How to fill out Louisiana Reaffirmation Agreement (B240) Cases Filed Prior To 10/17/2005?
US Legal Forms is the simplest and most lucrative method to find appropriate formal templates.
It is the most comprehensive online collection of business and personal legal documents created and approved by lawyers.
Here, you can discover printable and fillable forms that adhere to federal and state regulations - just like your Louisiana Reaffirmation Agreement (B240) Cases Filed Before 10/17/2005.
Review the form description or preview the document to ensure you’ve found the one that meets your needs, or search for another one using the search bar above.
Click Buy now when you’re confident about its suitability with all the requirements, and pick the subscription plan that most appeals to you.
- Acquiring your template involves just a few straightforward steps.
- Users who already possess an account with a valid subscription only need to Log In to the online service and download the document onto their device.
- After that, they can locate it in their profile under the My documents section.
- And here’s how to obtain a professionally drafted Louisiana Reaffirmation Agreement (B240) Cases Filed Before 10/17/2005 if you are using US Legal Forms for the first time.
Form popularity
FAQ
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.
Reaffirmation agreements are unnecessary: You can keep your home even if you don't reaffirm your mortgage. You can continue making your mortgage payments after bankruptcy and protect your home from foreclosure, even if you do not sign a reaffirmation agreement.
A reaffirmation agreement is where you agree to pay a debt even though you could have eliminated the debt in your bankruptcy case. When you reaffirm a debt, you continue to be legally responsible for paying it back. This gives the creditor some legal rights.
But you have a very limited time to cancel the reaffirmation agreement. 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.
Rescission of Reaffirmation Agreements The Bankruptcy Code permits you to rescind a reaffirmation agreement at any time prior to the date the Bankruptcy Court issues a discharge order, or within 60 days after the reaffirmation agreement is filed with the court, whichever event occurs later.
A reaffirmation agreement is an agreement by which a bankruptcy debtor becomes legally obligated to pay all or a portion of an otherwise dischargeable debt.
