A Chapter 7 debtor's agreement to pay a creditor on a debt after receiving a discharge in bankruptcy is called a:

Question

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A debtor who wants to keep paying a creditor on a debt after receiving a discharge in bankruptcy can choose to sign a reaffirmation agreement. This agreement allows the debtor to exclude the debt from discharge and continue making payments as agreed upon before the bankruptcy filing. It's different from a payment plan, which involves paying off the debt over time through a court-approved plan, and a voidable preference, which is a transfer of property to a creditor before filing bankruptcy that may be undone if it's deemed unfair to other creditors. Therefore, the correct answer is B.

A Chapter 7 Debtor's Agreement to Pay a Creditor on a Debt