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Reaffirmation Agreement West Virginia Form

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hi West Scott from Canaan Scott today we're going to talk about why you should not sign a reaffirmation agreement in bankruptcy and I stay in bankruptcy I'm really talking about chapter 7 being Hirsi because in chapter 13 bankruptcy there is no such thing as a reaffirmation agreement you should not sign a reaffirmation agreement first of all what is a reaffirmation agreement a reaffirmation agreement is an agreement where you're giving your liability back to the creditor even though in the bankruptcy you lose your liability on the debt well why would you do that I don't know there are very limited reasons why you'd want to sign a reaffirmation agreement I had a gentleman years ago and the mortgage company gave him a sweetheart deal on decreasing the balance of the mortgage against his house I don't know why they did it I have no clue but they did it and we signed it but signing a reaffirmation agreement you're giving your liabilit

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