When going through the bankruptcy process, it is very common to receive something known as a “reaffirmation agreement” from a lender. Generally, these agreements will be sent out by lenders with whom you have a secured loan, such as a mortgage, a car loan, or a home equity line of credit. These agreements are essentially written requests for a debt to be excluded from the bankruptcy discharge. Should you choose to sign a reaffirmation agreement, it would filed with the court after its completion, and a judge would then determine whether the debt in question should be reaffirmed and excluded from discharge.
