The sneaky cross collateralized claim
Posted by robrickman on September 9, 2009 in reaffirmation agreements
8 Comments
I spoke in recent posts about a debtor options when in a chapter 7. The debtor can decide to retain a house or car that is secured by a mortgage or car note, but to do so he will have to “reaffirm” the debt that he owes to the lender. As a refresher, when someone [...]