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Chapter 7 Bankruptcy: Reaffirming Secured Debts

You are in debt, more than you are able to repay and you are looking at filing Chapter 7 Bankruptcy, but you don’t want to lose your house or car in the bankruptcy. Find out if a reaffirmation agreement is a good option for you to keep your home or car in…
then the creditor can only take back the collateral for the loan… the future. If you owe more money than the collateral is worth http://www.appletonbankruptcy.com/blog/articles/chapter-7-bankruptcy-reaffirming-secured-debts