Eli agrees to pay a debt to Financial Credit,Inc. ,which is otherwise dis?chargeable in bankruptcy.This is

Name: Eli agrees to pay a debt to Financial Credit,Inc. ,which is otherwise dis?chargeable in bankruptcy.This is
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Reaffirmation is an agreement between a debtor and creditor to continue repayment of a debt that could be discharged in bankruptcy. Eli agreeing to pay a debt to Financial Credit, Inc. falls under the category of reaffirmation.

Eli Agrees to Pay a Debt to Financial Credit,Inc