reaffirmation
- A commitment made by a debtor post bankruptcy proceedings to pay off all or a portion of an existing debt
- As part of the bankruptcy proceedings, he made a reaffirmation to repay his car loan.
- In order to keep her house, she entered into a reaffirmation with her mortgage lender.
- The business owner provided a reaffirmation to his creditors to pay off the existing debts after bankruptcy.
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