What is a reaffirmation agreement? A reaffirmation agreement is a mutual understanding between you and your creditor in which you become legally obligated to pay all, or some part, of what would usually be a dischargeable debt. A reaffirmation agreement should be filed within forty-five days following the first date that is set for the meeting of creditors. If you sign a reaffirmation agreement, you have sixty days after it is filed, or until the discharge date, whichever occurs later, to change your mind and inform your creditor that the agreement has been revoked. If you enter into a reaffirmation agreement without an attorney you will need to attend a hearing before a judge to determine if it will be valid. In as much as a reaffirmation agreement takes away some of the effectiveness of your discharge, you are strongly advised to consult a lawyer before agreeing to a reaffirmation of any of your debts.

If you live in Denver, Aurora, Arvada, Brighton, Broomfield, Commerce City, Englewood, Highlands Ranch, Lakewood, Lafayette, Littleton, Northglenn, Westminster, Wheat Ridge, or Golden, Colorado, and have any questions regarding these issues, please contact me. Kevin D. Heupel, Colorado Bankruptcy Attorney, 303-955- 7570, ColoradoBankruptcyHelp Email, free-consultation form