Which of the following statements concerning reaffirmation agreements is correct?
A) Reaffirmation agreements are unlawful under the Bankruptcy Act.
B) Reaffirmation agreements must be made before a discharge in bankruptcy is granted.
C) A debtor cannot voluntarily pay any dischargeable obligation without entering into a reaffirmation agreement.
D) Court approval is required for the reaffirmation of loans secured by real property.
Correct Answer:
Verified
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