Which of the following is an agreement by which the debtor agrees to pay a debt even though it could be discharged?
A)An admission against interest
B)A reaffirmation agreement
C)A compromise agreement
D)An accord and satisfaction
E)A novation

Question

Quizplus · Accepted Answer

A debtor may wish to repay a dischargeable debt.The debtor might owe money to a family member or a longtime business associate.To maintain a good relationship with these people,a debtor might choose to repay the debt instead of having the debt discharged.This repayment can occur through a reaffirmation agreement,an agreement in which the debtor agrees to pay a debt even though it could be discharged.

Which of the Following Is an Agreement by Which the Debtor