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A reaffirmed debt remains your personal legal obligation. It is not discharged in your bankruptcy case. That means that if you default on your reaffirmed debt Navigating the complexities of bankruptcy can be challenging, especially when confronted with specific legal terminology.

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A discharge in bankruptcy eliminates a debtor's legal obligation to pay debts that are discharged. In a Chapter 7 bankruptcy, if only one person files, they can eliminate the debt they owe. However, the co-signer who did not file What Unsecured Debts Are Discharged In Chapter 13? Are you curious about how certain debts can be eliminated through

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means that the debtor's personal liability for that debt will not be discharged in the bankruptcy. The disclosures also require the debtor to sign and file What Is A Chapter 7 Bankruptcy Discharge?

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There have been well over 500000 bankruptcies filed every year which may have you thinking if bankruptcy is the right choice for What's The Difference Between Discharged And Undischarged Debt? - Your Bankruptcy Advisors