Short answer: Hell no. Reaffirmation agreements are in the best interest of the creditor, not the debtor.
In a reaffirmation agreement, the debtor chooses to become legally obligated again to pay in full the debt which would be discharged in bankruptcy filing. Reaffirmation agreements are voluntary and not required by the Bankruptcy Code or by law. Reaffirmation totally negates the fresh start provided by bankruptcy and most ...Continue Reading →