Wyoming Cover Sheet for Reaffirmation Agreement

State:
Wyoming
Control #:
WY-BKR-427
Format:
PDF
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Description

Cover Sheet for Reaffirmation Agreement

A Wyoming Cover Sheet for Reaffirmation Agreement is a document used in the state of Wyoming to reaffirm a debt that is part of a Chapter 7 bankruptcy. It outlines the details of the agreement between the debtor and the creditor, including the amount owed, the interest rate, and the payment schedule. The cover sheet also includes information about the debtor's financial situation, as well as the creditor's contact information. The Wyoming Cover Sheet for Reaffirmation Agreement must be signed by both the debtor and the creditor and filed with the court. There are two types of Wyoming Cover Sheet for Reaffirmation Agreement: the standard form and the alternative form. The standard form is used for most debts, while the alternative form is used for secured debts, such as mortgages and car loans.

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FAQ

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.

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.

In bankruptcy, a reaffirmation is an agreement that a debtor and a creditor enter into after a debtor has filed for bankruptcy, in which the debtor agrees to repay all or part of an existing debt after the bankruptcy proceedings are over and the property subject to the reaffirmation is not subject to partition in the

You can keep your car and continue making the payments by entering into a reaffirmation agreement with your car lender during your bankruptcy case. It's up to the bankruptcy court to approve a reaffirmation agreement or up to your attorney, if you have one, to sign off on it.

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.

Yes. You can cancel (or ?rescind?) your reaffirmation agreement, even if a judge has already approved it. NOTE: WE STRONGLY RECOMMEND THAT YOU SPEAK WITH AN ATTORNEY TO ADVISE YOU ABOUT THE CONSEQUENCES OF CANCELLING A REAFFIRMATION AGREEMENT IN YOUR CASE.

To ensure that creditors do not defraud their debtors, reaffirmation agreements must be: In writing; Filed with the court; and. Certified by the debtor's attorney.

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.

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Wyoming Cover Sheet for Reaffirmation Agreement