What should we do if we filed chapter 7 bankruptcy on a credit card they are wanting us to reaffirm that debt? 37 Answers as of August 25, 2011

It depends on why they want you to reaffirm it. Typically, we never reaffirm credit cards. But if you used the card a lot before filing, they can object to discharge on the basis of fraud. In which case it may be easier to reaffirm than fight.

There is no requirement to reaffirm a debt on a credit card. Some credit cards reserve purchase money security interests (like a car loan) in which they claim the right to recover the property on default. In Oregon, Judge Perris quotes a case where a creditor wanted to pick up a used blanket from the debtor. You should talk to your attorney on how to best resolve this issue.

You do not have to reaffirm the debt. It is your choice.

If you don't want to reaffirm a debt they can't make you, however you do have to return any merchandise in which the creditor has a purchase money security interest.

You are not required to reaffirm a debt. There is usually no reason to agree to a reaffirmation on a credit card debt.

This is why people need attorneys to file bankruptcy. Clearly someone here does not understand the basic concept behind bankruptcy. You file to discharge credit debt. There. That's good free advice. Obviously, the credit cards don't want to be discharged. Of course they would prefer to be reaffirmed. So go ahead, shoot yourself in the proverbial foot, and feel free to reaffirm, but know that you have no obligation to do so. And in the future, don't get involved in something legal that is way way way over your head without hiring an attorney.

Don't. If you filed Chapter 7 it is to get a fresh start not be saddled with the same debts you had walking in. Don't do it.

Reaffirming a debt is voluntary. You do not have to sign an agreement to pay a listed debt.

First you should ask your bankruptcy lawyer about this. As a rule you should not reaffirm a credit card debt.

You should speak to your bankruptcy lawyer about this. Generally if you are not required to reaffirm it, I would not unless there is some offsetting benefit that you want.

Your question tells me that you have already made an enormous blunder - you apparently filed without a lawyer. That almost always has problems. So retain counsel now. You are over your head. Credit card debt should almost never be reaffirmed. There are rare exceptions - when you face dischargeability issues for example. And in talking to the creditor, if such issues are at stake, you have messed up and possibly cost yourself far more money than a lawyer would charge you. Some creditors will want reaffirmations on secured store credit cards and your lawyer will suggest better options. You either should not reaffirm, or if this is a case where for some reason you should, you need a lawyer to negotiate good terms and you will not get such terms on your own. So get a lawyer ASAP, don't sign anything and get your situation resolved.

NEVER reaffirm a debt on credit card. Ignore them. They are asking you do this because you don't have a lawyer to stick up for you.

Don't do it

Don't reaffirm credit card debts if there is no property securing the debt. It sounds like the debt may be secured by some personal property according to the creditor (such as furniture, appliances, TV, computer, etc.) and they want you to return the property or reaffirm the debt and keep the property. You can ignore the creditor if the property is worth very little since they really don't want it back or you can negotiate to pay the present value of the property or you can return the property. You need to consult with your bankruptcy attorney as to what to do.

You do not have to reaffirm the debt. Moreover, even if you wanted to and it imposes a hardship on you the court will not approve it.

You do not have to reaffirm a debt on a credit card. However, if it is a secured debt and you want to keep the collateral, then you have to continue to make payments.

I am not aware of any Judge who would approve reaffirming a credit card debt just to keep a credit card. Why would you want to? The worst is you will no longer have the credit card, and there is no guaranty that the credit card company would allow to keep the card even if you did reaffirm, and you are then legally bound to repay all of the old debt which would have been discharged in the bankruptcy.

You don't have to do anything. Credit card creditors haven't been accepting reaffs even when people want them. They're not required for credit cards.

Do not reaffirm the debt on unsecured debts or you will be liable for the debt.

Ignore that reaffirmation.

There is no good reason to reaffirm a credit card debt. I assume by your question that you filed the bankruptcy without an attorney it sounds like the credit card company is trying to capitalize on your ignorance. Your question helps show that there is far more to bankruptcy than just filling out papers. I strongly recommend against filing for bankruptcy without a competent attorney.

Why would you want to reaffirm debt which will be discharged? There is no reason for you to do that.

Incredible they let you charge that, but no do not reaffirm it.

Do not reaffirm the debt.

You don't have to reaffirm if you don't want. Be careful because reaffirming the debt makes you responsible despite your discharge.